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Over the past several weeks you have assembled a small stock portfolio via the purchase of small amounts of different company stocks. You know that
Over the past several weeks you have assembled a small stock portfolio via the purchase of small amounts of different company stocks. You know that the point of a portfolio is to reduce your overall exposure to systematic risk, but aren't sure exactly what the risk of your new portfolio is You have purchased the following: $ of Ford Stock, $ of John Deer Stock, and $ of Health Care of America HCA Stock. You have estimated the betas of these stocks to be the following : a of for Ford, of for John Deere, and a of for HCA. What is the beta of your portfolio? Round to decimals
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