Question
2. PORTFOLIO BETA An individual has $20,000 invested in a stock with a beta of 0.8 and another $30,000 invested in a stock with a
2. PORTFOLIO BETA
An individual has $20,000 invested in a stock with a beta of 0.8 and another $30,000 invested in a stock with a beta of 2.4. If these are the only two investments in her portfolio, what is her portfolio's beta? Round your answer to two decimal places.
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
7th Edition
1259919714, 978-1259919718
