Your portfolio has a beta of 1.18 and consists of 15 percent U.S.Treasury bills,30 percent Stock A,and 55 percent Stock B.Stock A has a risk level equivalent to that of the overall market.What is the beta of Stock B?
A).55
B)1.10
C)1.24
D)1.40
E)1.60

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The Answer of Your portfolio has a beta of 1.18 and consists of 15 percent U.S.Treasury bills,30 percent Stock A,and 55 percent Stock B.Stock A has a risk level equivalent to that of the overall market.What is the beta of Stock B?
A).55
B)1.10
C)1.24
D)1.40
E)1.60

Your Portfolio Has a Beta of 1