Question
An investor owns 1,000 shares of BXO shares and 500 shares of MBA stock. BXO shares are currently selling for $23 each and have a
An investor owns 1,000 shares of BXO shares and 500 shares of MBA stock. BXO shares are currently selling for $23 each and have a beta of 1.4. MBA shares are currently selling for $55 each and have a beta of 1.2. What is the beta of the portfolio of shares owned by this investor?
____
A) 1.20
B) 1.23
C) 1.29
D) 1.33
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Financial Management Theory And Practice
Authors: Prasanna Chandra
10th Edition
9353166527, 978-9353166526
