What is beta of your portfolio

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You have $114,000 to invest in a portfolio containing Stock X and Stock Y. Your goal is to create a portfolio that has an expected return of 15.8 percent. Stock X has an expected return of 13.6 percent and a beta of 1.22, and Stock Y has an expected return of 8.1 percent and a beta of .02.

How much money will you invest in stock Y? (Do not round intermediate calculations. A negative amount should be indicated by a minus sign.)

Investment in Stock Y $   

What is the beta of your portfolio? (Do not round intermediate calculations. Round your answer to 3 decimal places, e.g., 32.161.)

Beta of the portfolio

Reference no: EM131558644

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