What is the beta of your portfolio

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You have $250,000 to invest in a portfolio containing Stock X and Stock Y. Your goal is to create a portfolio that has an expected return of 13.88 percent. Stock X has an expected return of 12.33 percent and a beta of 1.42, and Stock Y has an expected return of 8.69 percent and a beta of .86. How much money will you invest in stock X? (Negative amount should be indicated by a minus sign.

Do not round intermediate calculations and round your answer to 2 decimal places. (e.g., 32.16))

Investment in Stock X $

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

Portfolio beta

Reference no: EM131059110

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