Question
PORTFOLIO BETA An individual has $50,000 invested in a stock with a beta of 0.8 and another $40,000 invested in a stock with a beta
PORTFOLIO BETA
An individual has $50,000 invested in a stock with a beta of 0.8 and another $40,000 invested in a stock with a beta of 2.0. If these are the only two investments in her portfolio, what is her portfolio's beta? Round your answer to two decimal places.
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The Analysis And Use Of Financial Statements
Authors: Gerald I. White, Ashwinpaul C. Sondhi, Haim D. Fried
2nd Edition
0471111864, 978-0471111863
