Question
Abraham Ford owns a portfolio that has a value of $400,000 and consists of only 3 stocks. He has $40,000 worth of stock A, which
Abraham Ford owns a portfolio that has a value of $400,000 and consists of only 3 stocks. He has $40,000 worth of stock A, which has a beta of 1.6; he has 40,000 shares of stock B, which has a share price of $2.50 and a beta of -0.4; and he has some stock C, which has a beta of 0.4. What is the beta of Abraham Fords portfolio?
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Venture Capital And The Finance Of Innovation
Authors: Andrew Metrick
1st Edition
0470074280, 9780470074282
