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An asset has a standard deviation of 15% and a correlation with the market portfolio of 0

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An asset has a standard deviation of 15% and a correlation with the market portfolio of 0.46. The market return has a standard deviation of 25%

Required

1. Compute the beta of the asset. [5 marks]
2. Interpret this beta value. [5 marks]
3. If you are a risk-averse investor, would you invest in this asset? [5 marks]