Question
1. The volatilty of the stock market is estimated to be 30%. The volatility of Exxon-Mobil is 20%, and the correlation between Exxon-Mobil's stock and
1. The volatilty of the stock market is estimated to be 30%. The volatility of Exxon-Mobil is 20%, and the correlation between Exxon-Mobil's stock and the S&P 500 is 0.62. What is Exxon-Mobil's beta?
2.Stephanie's portfolio consists of $14,000 in Berkshire Hathaway stock and $20,000 in US Treasurys. The beta of Berkshire Hathaway is 0.61. What is the beta of Stephanie's portfolio?
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Business And Personal Finance
Authors: McGraw-Hill
1st Edition
0078945801, 9780078945809
