Invested in an index fund

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Reference no: EM131301954

Kumar has $350,000 invested in an index fund whose returns match those of the market portfolio. He also has $150,000 invested in the risk-free asset. The beta of Kumar’s portfolio is:

a) 0.70

b) 0.80

c) 1.00

d) Uncertain: not enough information is provided

Reference no: EM131301954

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