EOC Problems $7-19$

$4$ Question $25$ of $25$

Problem $19-$ Portfolio Beta

Suppose that your existing portfolio has a beta of $0\mathrm{.}6.$ There is a risker portfolio available that you could add to your existing portfolio. The riskier portfolio has a beta of $1\mathrm{.}8.$

$\backslash$table$[[$Existing Portfolio Beta,$0\mathrm{.}6],[,1\mathrm{.}8]]$

What portion of the existing portfolio and what portion of the riskier portfolio do you need to have a new portfolio with a beta of $1?$

The portion of the existing portfolio would need to be $\%$ and the portion of the risker portfolio would need to be

$\%.$ Round your answers to the nearest two decimal places.