Question: How is the range of beta values defined for a portfolio of risky assets? The highest possible portfolio beta is defined as the highest beta

How is the range of beta values defined for a portfolio of risky assets?
The highest possible portfolio beta is defined as the highest beta of any security held in the portfolio.
The lowest possible portfolio beta is defined as the beta of a risk-free asset, or zero.
The lowest possible portfolio beta is defined as the lowest beta of any security held in the portfolio.
The highest portfolio beta is defined as the beta of the overall market, or 1.0.
How is the range of beta values defined for a portfolio

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