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You want to create a portfolio equally as risky as the market, and you have $500,000 to invest. Information about the possible investments is as

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You want to create a portfolio equally as risky as the market, and you have $500,000 to invest. Information about the possible investments is as follows: stock A (\$144,000 worth of stock A and beta of 0.89), stock B (\$136,000 worth of stock B and beta of 1.34), stock C($X worth of stock C and beta of 1.49), and risk-free asset (\$Y worth of risk-free asset). How much will you invest in risk-free asset? 1) $127,248 2) $92,752 3) $115,348 4) $136,000

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