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The following table contains information on the beta and expected return for 9 stocks NFLX TSLA DIS PFE PSX XEL TGT SBUX SQ E[r] 9.8%
The following table contains information on the beta and expected return for 9 stocks
NFLX | TSLA | DIS | PFE | PSX | XEL | TGT | SBUX | SQ | |
E[r] | 9.8% | 5.2% | 12.5% | 7.1% | 16.2% | 19.2% | 15.2% | 11.1% | 18.1% |
Beta | 1.47 | 0.32 | 0.72 | 0.42 | 1.14 | 0.19 | 0.62 | 0.52 | 3.09 |
What is the beta on an equally-weighted portfolio of the three lowest beta stocks?
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