Question: Question 24 4 pts Consider three well diversified portfolios, whose risk and return are given in the table below. You can verify that there exists

Question 24 4 pts Consider three well diversified portfolios, whose risk and return are given in the table below. You can verify that there exists an arbitrage opportunity. Portfolio X 25% 15% 8% Beta 1.60 1.00 0.40 Z If you want to take advantage of this opportunity, you should ont position in Yand and short position la X toosion in and and a short position in short stonin Xantalones ther on in and droonin

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