12.2 A portfolio's beta is just a weighted average of the betas of the securities in the...

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12.2 A portfolio's beta is just a weighted average of the betas of the securities in the portfolio. In this case the weights are equal, since an equal amount is assumed invested in each of the stocks in Table 12-1. The average beta of these stocks is 1.15.

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Fundamentals Of Corporate Finance

ISBN: 9780073382302

6th Edition

Authors: Richard A Brealey, Stewart C Myers, Alan J Marcus

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