Suppose you have the following possible risky investments (A,B,C,D) and a risk free investment (RF)...

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Finance

Suppose you have the following possible risky investments (A,B,C,D) and a risk free investment (RF) where the states have equal probability of occurring:

Investment

State 1

State 2

State 3

State 4

A

-3

1

5

5

B

2

10

10

-5

C

3.75

2.25

1.75

-0.75

D

7

17

-2

-7

RF

1

1

1

1

What is the Beta of investment C if investment A is the reference portfolio?

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