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You currently invest $5,300,000 in a corporate bond mutual fund. You then inherit $1,000,000 from your great grandfather, with which you purchase risk- free government

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You currently invest $5,300,000 in a corporate bond mutual fund. You then inherit $1,000,000 from your great grandfather, with which you purchase risk- free government bonds to stay as liquid as possible. Will the beta of your portfolio change? The beta of your portfolio will go to one. The beta of your portfolio will be unchanged. Cannot determine due to insufficient informtion The beta of your portfolio will go down The beta of your portfolio will go up. The beta of your portfolio will go to zero

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