A friend says that she expects to earn 1350 on her


A friend says that she expects to earn 13.50% on her portfolio with a beta of 1.50. You have two-asset portfolios including stock X and a risk-free security. The expected return of stock X is 11.50% and the beta is 1.25. The expected return on the risk free security is 3.00%. You construct a portfolio to match your friends return. What is the beta of your portfolio ?

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Financial Management: A friend says that she expects to earn 1350 on her
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