Question
An investment banker has recommended a $200,000 portfolio containing assets A, B and C. $50,000 will be invested in asset A, with a beta of
An investment banker has recommended a $200,000 portfolio containing assets A, B and C. $50,000 will be invested in asset A, with a beta of 1.0; $100,000 will be invested in asset B, with a beta of 1.5; and $50,000 will be invested in asset C, with a beta of 0.6.
The beta of the portfolio is:
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Gordon Roberts, Hamdi Driss
8th Canadian Edition
01259270114, 9781259270116
