Problem 8-11 PEte's investment portfolio contains five stocks that have a total value equal to $40,000. The
Fantastic news! We've Found the answer you've been seeking!
Question:
Problem 8-11 PEte's investment portfolio contains five stocks that have a total value equal to $40,000. The beta coefficient of this portfolio is 1.2 pete wants to invest an additiona; $100,000 in a stock that has beta equal to 2.2. After he adds this stock, that will be the portfolio's new beta?
Posted Date: