Currently, you own a portfolio comprised of the following three securities.How much of the riskiest security should you sell and replace with risk-free securities if you want your portfolio beta to equal 90 percent of the market beta?
A)$7,023.15
B)$7,811.29
C)$8,666.67
D)$7,753.51
E)$8,318.50

Question

Currently, you own a portfolio comprised of the following three securities.How much of the riskiest security should you sell and replace with risk-free securities if you want your portfolio beta to equal 90 percent of the market beta? 
A)$7,023.15 
B)$7,811.29 
C)$8,666.67 
D)$7,753.51 
E)$8,318.50

Quizplus · Accepted Answer

The Answer of Currently, you own a portfolio comprised of the following three securities.How much of the riskiest security should you sell and replace with risk-free securities if you want your portfolio beta to equal 90 percent of the market beta? 
A)$7,023.15 
B)$7,811.29 
C)$8,666.67 
D)$7,753.51 
E)$8,318.50

Currently, You Own a Portfolio Comprised of the Following Three