Question
An investor has a three-stock portfolio with $ 25,000 invested in Apple stock, $ 60,000 invested in Home Depot, and $ 45,000 invested in Disney.
An investor has a three-stock portfolio with $ 25,000 invested in Apple stock, $ 60,000 invested in Home Depot, and $ 45,000 invested in Disney. Apple's Beta is 1.45, Home Depot Beta is 1.20 and Disney's Beta is .80.
What is the estimated Beta of the investor's portfolio?
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Corporate Financial Management
Authors: Glen Arnold, James Pickford
2nd Edition
0582821762, 978-0582821767
