You are given the following information for an investment portfolio.

Stock	Value	Beta
A	$15,000	0.2
B	35,000	0.9
C	50,000	2.8
D	10,000	5
Total:

1. Calculate the beta of the portfolio? What can you say about the riskiness of your investment? (1 pt)
2. Suppose Stock C becomes a risk-free stock. Recalculate the portfolios beta. What can you say about the riskiness of your investment? (1 pt)
3. You want to end up with an investment mix that has beta equal to the market beta. What changes in your investment would you consider? (1 pt)
4. A good investment portfolio is trying to minimize systematic risk. Yes or No? Explain. (0.5 pt)