A friend says that she expects to earn 1300 on her


A friend says that she expects to earn 13.00% on her portfolio with a beta of 1.50. You have two-asset portfolio including stock X and a risk-free security. The expected return on stock X is 11.00% and the beta is 1.20. The expected return on the risk-free security is 3.00%. You construct a portfolio to match your friend's return. What is the beta of your portfolio? The beta of your portfolio is.xxxx round to two decimal places.

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Financial Accounting: A friend says that she expects to earn 1300 on her
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