You Are Given the Following Information About a Portfolio You

Multiple Choice

You are given the following information about a portfolio you are to manage. For the long term, you are bullish, but you think the market may fall over the next month. $$\begin{array} { l r r } \text { Portfolio Value } & \$ \quad 1 \text { million } \\\text { Portfolio's Beta } & 0.86 \\\text { Current S\&P500 Value } & 990 \\\text { Anticipated S\&P500 Value } & 915 \\\end{array}$$ What is the dollar value of your expected loss?

A) $142,900
B) $65,200
C) $85,700
D) $30,000
E) $64,200