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John owns the portfolio of securities listed below. Given the betas and portfolio weights in the table, what is the beta of his portfolio? Company
John owns the portfolio of securities listed below. Given the betas and portfolio weights in the table, what is the beta of his portfolio?
| Company | Beta | Percent of Portfolio |
| Firm 1 | 0.75 | 10% |
| Firm 2 | 1.00 | 55% |
| Firm 3 | 1.55 | 35% |
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International Corporate Finance
Authors: Mark R. Eaker, Frank J. Fabozzi, Dwight Grant
1st Edition
0030693063, 9780030693069
