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Current Attempt in Progress X Your answer is incorrect. Suppose you have a portfolio that has $230 in stock A with a beta of 0.98,
Current Attempt in Progress X Your answer is incorrect. Suppose you have a portfolio that has $230 in stock A with a beta of 0.98, $920 in stock B with a beta of 1.28, and $690 in the risk-free asset. You have another $460 to invest. You wish to achieve a beta for your whole portfolio to be the same as the market beta. What is the beta of the added security? (Round intermediate calculations and the final answer to 3 decimal places, e.g. 2.361.) Beta 2.395 
Suppose you have a portfolio that has $230 in stock A with a beta of 0.98,$920 in stock B with a beta of 1.28 , and $690 in the risk-free asset. You have another $460 to invest. You wish to achieve a beta for your whole portfolio to be the same as the market beta. What is the beta of the added security? (Round intermediate calculations and the final answer to 3 decimal places, es. 2.361.)
Current Attempt in Progress X Your answer is incorrect. Suppose you have a portfolio that has $230 in stock A with a beta of 0.98, $920 in stock B with a beta of 1.28, and $690 in the risk-free asset. You have another $460 to invest. You wish to achieve a beta for your whole portfolio to be the same as the market beta. What is the beta of the added security? (Round intermediate calculations and the final answer to 3 decimal places, e.g. 2.361.) Beta 2.395
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
