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You own a $36,800 portfolio that is invested in Stocks A and B. The portfolio beta is equal to the market beta. Stock A has

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You own a $36,800 portfolio that is invested in Stocks A and B. The portfolio beta is equal to the market beta. Stock A has an expected return of 22.6 percent and has a beta of 1.48. Stock B has a beta of . 72 . What is the value of your investment in Stock A ? Use E(Ri)=Rf+i(E(RM)Rf). ( Hint: P=1.0=1.48A+[.72(1A)])

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