Question
An individual has $20,000 invested in a stock with a beta of 0.7 and another $75,000 invested in a stock with a beta of 1.1.
An individual has $20,000 invested in a stock with a beta of 0.7 and another $75,000 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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Financial Management In The Sport Industry
Authors: Matthew T. Brown, Daniel A. Rascher, Mark S. Nagel, Chad D. McEvoy
3rd Edition
0367321211, 978-0367321215
