What is an average-risk stock? What is the beta of such a stock? An investor has a

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What is an average-risk stock? What is the beta of such a stock?

An investor has a two-stock portfolio with $25,000 invested in Stock X and $50,000 invested in Stock Y. X’s beta is 1.50, and Y’s beta is 0.60. What is the beta of the investor’s portfolio?

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Fundamentals Of Financial Management

ISBN: 9780357517574

16th Edition

Authors: Eugene F. Brigham, Joel F. Houston

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