Question
sharon`s portfolio, which is valued at $200,000, contains six stocks and has a beta coefficient equal to 1.5. later today, sharon is going to sell
sharon`s portfolio, which is valued at $200,000, contains six stocks and has a beta coefficient equal to 1.5. later today, sharon is going to sell one of the stocks in her portfolio for $40,000. after the sale, the portfolio`s beta will be 1.3. what is the beta coefficient of the stock that sharing plans to sell?
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Financial Institutions Management A Risk Management Approach
Authors: Anthony Saunders, Marcia Cornett
6th Edition
0077211332, 9780077211332
