Question
BILL DUKES HAS $100,000 INVESTED IN A 2-STOCK PORTFOLIO. $62,500 IS INVESTED IN STOCK X AND THE REMAINDER IS INVESTED IN STOCK Y. X'S BETA
BILL DUKES HAS $100,000 INVESTED IN A 2-STOCK PORTFOLIO. $62,500 IS INVESTED IN STOCK X AND THE REMAINDER IS INVESTED IN STOCK Y. X'S BETA IS $1.50 AND Y'S BETA IS 0.70. WHAT IS THE PORTFOLIO'S BETA? DO NOT ROUND YOUR INTERMEDIATE CALCULATIONS. ROUND THE FINAL ANSWER TO 2 DECIMAL PLACES.
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Public Finance A Contemporary Application of Theory to Policy
Authors: David N Hyman
11th edition
9781305474253, 1285173953, 1305474252, 978-1285173955
