Your father just learned from his financial advisor that his retirement portfolio has a beta of 1.82. He has turned t

[answerhappygod]

 
 Your father just learned from his financial advisor that his
retirement portfolio has a beta of
1.82.
He has turned to you to explain to him what this means.
​ Specifically, describe what you would expect to happen to
the value of his retirement fund if the following were
to​ occur:
a.  The value of the market portfolio rises by
10
percent.
b.  The value of the market portfolio drops by
10
percent.
c.  Is your​ father's retirement portfolio more or less
risky than the market​ portfolio? Explain.