Question
An individual has $45,000 invested in a stock with a beta of 0.3 and another $35,000 invested in a stock with a beta of 2.4.
| An individual has $45,000 invested in a stock with a beta of 0.3 and another $35,000 invested in a stock with a beta of 2.4. 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 theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
12th Edition
978-0030243998, 30243998, 324422695, 978-0324422696
