Question
A portfolio consists of 13 percent of Stock R, 53.1 percent of Stock S, and 33.9 percent of Stock T. Stock R has a beta
A portfolio consists of 13 percent of Stock R, 53.1 percent of Stock S, and 33.9 percent of Stock T. Stock R has a beta of .30, Stock S has a beta of .85, and Stock T has a beta of 2.01. What is the portfolio beta?
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
10th edition
978-1337902571, 1337902578, 978-1337911054, 1337911054, 978-0324272055
