Question
An individual has $15,000 invested in a stock with a beta of 0.4 and another $35,000 invested in a stock with a beta of 2.0.
An individual has $15,000 invested in a stock with a beta of 0.4 and another $35,000 invested in a stock with a beta of 2.0. If these are the only two investments in her portfolio, what is her portfolio's beta? Round your answer to two decimal places.
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Financial Management For Nurse Managers And Executives
Authors: Cheryl Jones, Steven A. Finkler, Christine T. Kovner
4th Edition
1455700886, 9781455700882
