Question
Suppose you had a portfolio consisting of $10,000 investment in each of 8 different common stocks. The portfolios beta is 1.25. Now suppose you decided
Suppose you had a portfolio consisting of $10,000 investment in each of 8 different common stocks. The portfolios beta is 1.25. Now suppose you decided to sell one of your stocks that has a beat of 1 and to use the proceeds to buy a replacement stock with a beta of 2.15. What would be the portfolios new beta be?
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Financial Intelligence An Entrepreneurs Guide Volume 1
Authors: Income Mastery
1st Edition
1647772648, 978-1647772642
