You own $25,080 of Human Genome stock that has a beta of 3.72. You also own $13,376 of Frozen Food Express (beta = 1.87) and $3,344 of Molecular Devices (beta = 0.46).What is the beta of your portfolio? (Round your answer to 2 decimal places.) Portfolio beta: ___.__%
You own $25,080 of Human Genome stock that has a beta of 3.72. You also own $13,376 of Frozen Food Express (beta = 1.87) and $3,344 of Molecular Devices (beta = 0.46).What is the beta of your portfolio? (Round your answer to 2 decimal places.) Portfolio beta: ___.__%
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter2: Risk And Return: Part I
Section: Chapter Questions
Problem 1P: Your investment club has only two stocks in its portfolio. 20,000 is invested in a stock with a beta...
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You own $25,080 of Human Genome stock that has a beta of 3.72. You also own $13,376 of Frozen Food Express (beta = 1.87) and $3,344 of Molecular Devices (beta = 0.46).
What is the beta of your portfolio? (Round your answer to 2 decimal places.)
Portfolio beta: ___.__%
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