Question
An individual has $30,000 invested in a stock with a beta of 0.8 and another $40,000 invested in a stock with a beta of
An individual has $30,000 invested in a stock with a beta of 0.8 and another $40,000 invested in a stock with a beta of 2.3. 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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Corporate Finance A Focused Approach
Authors: Michael C. Ehrhardt, Eugene F. Brigham
4th Edition
1439078084, 978-1439078082
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