Question
An individual has $15,000 invested in a stock with a beta of 0.8 and another $45,000 invested in a stock with a beta of 1.1.
An individual has $15,000 invested in a stock with a beta of 0.8 and another $45,000 invested in a stock with a beta of 1.1. If these are the only two investments in her portfolio, what is her portfolio's beta? Do not round intermediate calculations. Round your answer to two decimal places.
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Fundamentals Of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 10th Edition
1337902578, 978-1337902571
