Question
Adam invested $60,000 in a 3-stock portfolio. He invested $45,000 in Stock A, $10,000 in Stock B, and the rest in Stock C. A's beta
Adam invested $60,000 in a 3-stock portfolio. He invested $45,000 in Stock A, $10,000 in Stock B, and the rest in Stock C. A's beta is 1.60, B's beta is 0.7, and C's beta is 1.5. What is the portfolio's beta?
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Small Business Management Launching and Growing New Ventures
Authors: Justin Longenecker, Leo Donlevy, Terri Champion, William Petty, Leslie Palich, Frank Hoy
6th Canadian edition
176532218, 978-0176532215
