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BETA (Portfolio beta) Assume you have the following portfolio. STOCK STOCK WEIGHT Apple 38% 1.57 Green Mountain Coffee 21% 1.38 Disney 26% 1.08 Target 15%
BETA (Portfolio beta) Assume you have the following portfolio. STOCK STOCK WEIGHT Apple 38% 1.57 Green Mountain Coffee 21% 1.38 Disney 26% 1.08 Target 15% 1.26 (Click on the icon located on the top-right corner of the data table above in order to copy its contents into a spreadsheet.) What is the portfolio's beta? The portfolio's beta is (Round to two decimal places.) (Hint: Portfolio's beta is the weighted average of individual stocks' betas.)
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