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An investor has $10,000 to invest in 5 different stocks. Information regarding the 5 stocks is shown in the table below: Stock Expected Return
An investor has $10,000 to invest in 5 different stocks. Information regarding the 5 stocks is shown in the table below: Stock Expected Return Beta Amount Invested ABCDE 9.00% 1.00 $1,701.00 10.00% 1.20 $2,543.00 6.50% 0.70 $2,779.00 8.00% 0.90 $889.00 12.00% 1.40 $2,088.00 Also, the risk free rate for the economy is currently 4.00%. What is the beta for this portfolio?
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
13th edition
1439078106, 111197375X, 9781439078105, 9781111973759, 978-1439078099
