The beta of stock a is 24 while the beta of stock b is 06


You have invested $10,593 portfolio in three securities. The three securities comprise of the risk-free asset, Stock A, and Stock B. The beta of stock A is 2.4 while the beta of stock B is 0.6. 17% of the portfolio is invested in the risk-free security. What is the dollar amount invested in stock B if the beta of the portfolio is 1.2?

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Finance Basics: The beta of stock a is 24 while the beta of stock b is 06
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