You are examining the riskiness of two portfolios based on betas. Using Excel determine which of the two portfolios has the most risk? (20 Points) Portfolio Beta #1 $50,000 0.9 A B $25,000 1.9 C $350,000 2.0 D $40,500 1.1 Portfolio Beta #2 Stock Investment Beta A $20,000 1.1 B $28,000 1.8 C $85,000 2.0 D $25,000 2.3 C $85,000 2.0 D $25,000 2.3 Answers: The beta for Portfolio #1 is (8pts) The beta for Portfolio #2 is (8pts) (4pts) has the most risk