What is beta of your portfolio

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You have $102,000 to invest in a portfolio containing Stock X and Stock Y. Your goal is to create a portfolio that has an expected return of 13.5 percent. Stock X has an expected return of 12 percent and a beta of 1.10, and Stock Y has an expected return of 9.5 percent and a beta of .80.

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: EM131549549

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