Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

can u show how to work this on a calculator. either finance or ti 84 plus? 1. Karen's portfolio, which has a beta of 2,

image text in transcribed

can u show how to work this on a calculator. either finance or ti 84 plus?

1. Karen's portfolio, which has a beta of 2, consists of three mutual funds: an international fund, a utility fund and a technology fund. The international fund has a beta of 2 and make up 20% of the portfolio. The Utility fund has a beta of 1 and the technology has a beta of 3. How much of Karen's portfolio is invested in the technology fund? a. 40% b. 30% c. 20% d. 10% 0.2* 2 + (0.8-X)*1 + (X)*3= 2 0.4 +0.8 -X + 3X = 2 2X=2-1.2=0.8 X=0.4 = 40% is invested in technology fund

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions

Question

find the EAR in each of the following cases.

Answered: 1 week ago

Question

Explain the process of MBO

Answered: 1 week ago