Suppose you are a financial expert. You recommend that your client invests in a portfolio with a high beta of 1.61 since the market is booming. Your client only wants to invest in WMT (Beta 0.45) and AMZN (Beta 1.71). Calculate the weight of WMT in the portfolio that she needs to invest in to achieve the target beta?

Answer rating: 100% (QA)

To calculate the weight of WMT in the portfolio we can use the follow... View the full answer