Question
Portfolio Beta You own $1,800 of City Steel stock that has a beta of 1.66. You also own $6,600 of Rent-N-Co (beta = 1.96) and
Portfolio Beta You own $1,800 of City Steel stock that has a beta of 1.66. You also own $6,600 of Rent-N-Co (beta = 1.96) and $5,600 of Lincoln Corporation (beta = 1.06). What is the beta of your portfolio (closest to)?
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International Financial Management
Authors: Geert Bekaert, Robert Hodrick
3rd edition
1107111820, 110711182X, 978-1107111820
