Question
An investor has $1000 initial wealth for investment and he borrows another $500 at the risk free rate. He then invest the entire total amount
An investor has $1000 initial wealth for investment and he borrows another $500 at the risk free rate. He then invest the entire total amount of $1500 in the market portfolio. What is his portfolio beta?
+2.0
-1.0
0
+1.5
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Fundamentals Of Financial Institutions Management
Authors: Marcia Cornett, Anthony Saunders
1st Edition
0256253676, 9780256253672
