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You are going to invest $20,000 in a portfolio consisting of assets X, Y, and Z, as follows Portfolio proportions: Asset X = 40%, Asset
You are going to invest $20,000 in a portfolio consisting of assets X, Y, and Z, as follows
Portfolio proportions: Asset X = 40%, Asset Y = 25% and asset Z = 35%
Beta: Asset X = 1.2 Asset Y = .96 and asset Z = .85.
The risk free rate is 4% and the expected return on the market is 9%.
The beta on the portfolio containing assets X, Y, and Z is ________.
Group of answer choices
0.9000
1.0000
1.0175
0.9825
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