What is the beta of a portfolio that is invested 25 percent in the market portfolio, 25 percent in an asset with twice as much systematic risk as the market portfolio and the rest in a risk-free asset?

What is the beta of a portfolio that is invested 25 percent in the mar

1.	What is the beta of a portfolio that is invested 25 percent in the market portfolio, 25 percent in an asset with twice as much systematic risk as the market portfolio and the rest in a risk-free asset?
A.	0.25
B.	0.50
C.	0.75
D.	1.00
Answer» D. 1.00