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 zero. The beta of your portfolio will go down. O O The beta of your portfolio will be unchanged. The beta of your portfolio will go up. O The beta of your portfolio will go to one. Cannot determine due to insufficient informtion Question 22 5 pts In the equilibrium of the CAPM world, we suppose that the average investors are risk averse with a risk aversion parameter of 6.82. A market risk premium should be awarded to them at equilibrium to encourage them to participate in the market. What is the expected market return? We assume the risk free rate is 0.34%. The standard deviation of the market portfolio is 22.13%. 0.1781 0.7181 0.1452 0.0968 0.3340 0.1787 0.1368 0.3374 O 0.1852