Question
Keith has the following 4 stocks in his portfolio. Stock Current Value Beta A $3500 0.8 B 1900 0.6 C 7800 1.8 D 2200 1.9
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Keith has the following 4 stocks in his portfolio.
Stock Current Value Beta A $3500 0.8 B 1900 0.6 C 7800 1.8 D 2200 1.9 a. Calculate the portfolio's beta. Do not round intermediate calculations. Round the answer to two decimal places.
b. What does this figure mean in terms of an investment strategy for Keith?
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Analysis For Financial Management
Authors: Robert Higgins
7th Edition
0072863641, 9780072863642
