Question
Portfolio Beta You own $20,000 of City Steel stock that has a beta of 3.30. You also own $37,500 of Rent-N-Co (beta = 1.75) and
Portfolio Beta You own $20,000 of City Steel stock that has a beta of 3.30. You also own $37,500 of Rent-N-Co (beta = 1.75) and $20,500 of Lincoln Corporation (beta = -.85). What is the beta of your portfolio?
4.20
1.46
4.91
1.00
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Investments
Authors: William F. Sharpe, Gordon J. Alexander, Jeffery V. Bailey
6th Edition
8120321014, 978-8120321014
