Question
Portfolio Beta You own $1,700 of City Steel stock that has a beta of 1.64. You also own $6,400 of Rent-N-Co (beta = 1.94) and
Portfolio Beta You own $1,700 of City Steel stock that has a beta of 1.64. You also own $6,400 of Rent-N-Co (beta = 1.94) and $5,400 of Lincoln Corporation (beta = 1.04). What is the beta of your portfolio (closest to)?
A. 1.54
B. 4.62
C. 3.31
D. 1.00
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Finance For Normal People
Authors: Meir Statman
1st Edition
019062647X, 978-0190626471
