Question
Down in the Dumps Waste Management and Psychiatric Services runs two lines of business with the following properties: Division Value of Division Beta Waste Management
Down in the Dumps Waste Management and Psychiatric Services runs two lines of business with the following properties:
| Division | Value of Division | Beta |
| Waste Management (WM) | $250,000 | 0.80 |
| Psychiatric Services (PSY) | $400,000 | ?? |
The company has an overall beta of 1.2. What is the beta on Psychiatric Services projects?
a) 0.80 b) 1.45 c) 1.20 d) 1.87 e) 0.89
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
8th Edition
007322359X, 9780073223599
