You own a stock portfolio invested 32 percent in Stock Q, 22 percent in Stock R, 19 percent in Stock S, and 27 percent in Stock T. The betas for these four stocks are 1.26, 1.75, 0.89, and 1.91, respectively. What is the portfolio beta? Enter the answer with 4 decimals (e.g. 1.1234)

You own a stock portfolio invested 32 percent in Stock Q, 22 percent in Stock R, 19 percent in Stock S, and 27 percent in Stock T. The betas for these four stocks are 1.26, 1.75, 0.89, and 1.91, respectively. What is the portfolio beta? Enter the answer with 4 decimals (e.g. 1.1234)

EBK CFIN

6th Edition

ISBN:9781337671743

Author:BESLEY

Publisher:BESLEY

Chapter8: Risk And Rates Of Return

Section: Chapter Questions

Problem 10PROB

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