You own a portfolio equally invested in a risk-free asset


You own a portfolio equally invested in a risk-free asset and two stocks. If one of the stocks has a beta of 1.50 and the total portfolio is equally as risky as the market, what must the beta be for the other stock in your portfolio? (Round your answer to 2 decimal places, (e.g., 32.16))

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Financial Management: You own a portfolio equally invested in a risk-free asset
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