JohnSmith'ssavingsof$100,000areinvestedinaportfoliothatcontainsonlyshares ofMcDonald's (beta of 0.6) and Apple (beta of 1.4). You know the beta of John's portfolio
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Question:
JohnSmith'ssavingsof$100,000areinvestedinaportfoliothatcontainsonlyshares ofMcDonald's (beta of 0.6) and Apple (beta of 1.4). You know the beta of John's portfolio is 0.9.What percentage of the portfolio is invested in Apple shares?
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