You have a 2-stock portfolio with a total value of $100,000. $60,000 is invested in Stock A with a beta of 1.50 and the remainder is invested in Stock B with a beta of 0.75. What is your portfolio's beta? Do not round your intermediate calculations. Round your final answer to two decimal places.
You have a 2-stock portfolio with a total value of $100,000. $60,000 is invested in Stock A with a beta of 1.50 and the remainder is invested in Stock B with a beta of 0.75. What is your portfolio's beta? Do not round your intermediate calculations. Round your final answer to two decimal places.
Chapter8: Risk And Rates Of Return
Section: Chapter Questions
Problem 10PROB
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You have a 2-stock portfolio with a total value of $100,000. $60,000 is invested in Stock A with a beta of 1.50 and the remainder is invested in Stock B with a beta of 0.75. What is your portfolio's beta? Do not round your intermediate calculations. Round your final answer to two decimal places.
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