Your portfolio has a beta of 1.19. The portfolio consists of 13 percent U.S. Treasury bills, 32

Question:

Your portfolio has a beta of 1.19. The portfolio consists of 13 percent U.S. Treasury bills, 32 percent in stock A, and 55 percent in stock B. Stock A has a risk-level equivalent to that of the overall market. What is the beta of stock B?

Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...