Portfolio Beta Your investment club has only two stocks in its portfolio. $45,000 is invested in a stock with a beta of 0.7, and $75,000
Portfolio Beta
Your investment club has only two stocks in its portfolio. $45,000 is invested in a stock with a beta of 0.7, and $75,000 is invested in a stock with a beta of 1.9. What is the portfolio's beta? Do not round intermediate calculations. Round your answer to two decimal places.
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Authors: Andrew W. Lo, Shomesh E. Chaudhuri
1st Edition
0691183821, 978-0691183824
