Question
Abraham Ford owns a portfolio that has a value of $500,000 and consists of only 3 stocks. He has $50,000 worth of stock A, which
Abraham Ford owns a portfolio that has a value of $500,000 and consists of only 3 stocks. He has $50,000 worth of stock A, which has a beta of 1.25; he has 10,000 shares of stock B, which has a share price of $22.50 and a beta of -0.1; and he has some stock C, which has a beta of 0.1. What is the beta of Abraham Fords portfolio?
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