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An investor has $ 1 0 0 0 initial wealth for investment and he borrows another $ 5 0 0 at the risk free rate.
An investor has $ initial wealth for investment and he borrows another $ at the risk free rate. He then invest the entire total amount of $ in the market portfolio. What is his portfolio beta?
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Practical Financial Management
Authors: William R. Lasher
4th Edition
0324260768, 9780324260762
