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You want your portfolio beta to be 1.20. Currently, your portfolio consists of $3,000 invested in stock A with a beta of 1.64 and $2,000

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You want your portfolio beta to be 1.20. Currently, your portfolio consists of $3,000 invested in stock A with a beta of 1.64 and $2,000 in stock B with a beta of 0.67 . You have another $5,000 to invest and want to divide it between an asset with a beta of 1.44 and a risk-free asset. How much should you invest in the risk-free asset? Multiple Choice 1054. 2332 182 1014 1257

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