Your portfolio has a beta of 1.18. The portfolio consists of 15% U.S. Treasury bills,30% in stock A,and 55% in stock B. Stock A has a risk-level equivalent to that of the overall market. What is the beta of stock B?
A) .55
B) 1.10
C) 1.24
D) 1.40
E) 1.60

Question

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The Answer of Your portfolio has a beta of 1.18. The portfolio consists of 15% U.S. Treasury bills,30% in stock A,and 55% in stock B. Stock A has a risk-level equivalent to that of the overall market. What is the beta of stock B?
A) .55
B) 1.10
C) 1.24
D) 1.40
E) 1.60

Your Portfolio Has a Beta of 1