Which of the following is the most correct answer for the beta of a portfolio of 35 stocks where the lowest beta for an individual security is 0.84 and the highest is 1.51? a.) The beta of the portfolio must be 1.0 because of the large number of securities in the portfolio. b.) The beta of the portfolio must be less than 1.0 because of the large number of securities in the portfolio. c.)The beta of the portfolio will be between 0 and 1.51. d.)The beta of the portfolio will be between 0.84 and 1.51.

The beta of a portfolio​ is:   A. A measure of the correlation of betas of the securities in the portfolio.   B. Always greater than one.   C. The market value weighted average beta of the securities in the portfolio.   D. The geometric average of the beta of the securities in the portfolio.

Consider the following table, which gives a security analyst's expected return on two stocks in two particular scenarios for the rate of return on the market: Market Return 6% 22 Aggressive Stock -3% 35 Defensive Stock 4% 12 Required: a. What are the betas of the two stocks? b. What is the expected rate of return on each stock if the two scenarios for the market return are equally likely? e. What hurdle rate should be used by the management of the aggressive firm for a project with the risk characteristics of the defensive firm's stock if market return is equally likely to be 6% or 22% ? Also, assume a T-Bill rate of 4%.

You own a portfolio equally invested in a risk-free asset and two stocks. One of has risky as has a beta of 1.6, and the total portfolios is equally as risky as the market. What's the beta of the second stock?