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Portfolio Beta Your retirement fund consists of a $6,000 investment in each of 15 different common stocks. The portfolio's beta is 1.30. Suppose you
Portfolio Beta Your retirement fund consists of a $6,000 investment in each of 15 different common stocks. The portfolio's beta is 1.30. Suppose you sell one of the stocks with a beta of 0.5 for $6,000 and use the proceeds to buy another stock whose beta is 1.8. Calculate your portfolio's new beta. Do not round intermediate calculations. Round your answer to two decimal places.
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Behavioral Finance Psychology Decision-Making and Markets
Authors: Lucy Ackert
1st edition
324661177, 978-0538752862, 538752866, 978-1111781675, 1111781672, 978-1133455486, 978-0324661170
