Question
Mrs. Landis has a 2-stock portfolio with a total value of $560,000. $215,000 is invested in Stock A with a beta of 1.55 and the
Mrs. Landis has a 2-stock portfolio with a total value of $560,000. $215,000 is invested in Stock A with a beta of 1.55 and the remainder is invested in Stock B with a beta of 0.95. What is her portfolio's beta? Round your answer to two decimal places. For example, if your answer is $345.6671 round as 345.67 and if your answer is .05718 or 5.7182% round as 5.72.
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes
4th Edition
0256147175, 978-0256147179
