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An investor currently holds the following portfolio: 8 , 0 0 0 shares of Stock A , worth $ 1 7 , 0 0 0
An investor currently holds the following portfolio:
shares of Stock A worth $; Beta
shares of Stock B worth $; Beta
shares of Stock C worth $; Beta
The investor is worried that the beta of his portfolio is too high, so he wants to sell some stock C and add stock D which has a beta of to his portfolio.
If the investor wants his portfolio to have a beta of he must replace $ stock C with stock D
Note: Enter the first two digits of your answers. The thousands are already in the answer.
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