Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 11, 2024

You form a portfolio by buying $ 2 1 7 8 6 of Microsoft stock, and $ 6 1 2 0 6 of Apple stock.

You form a portfolio by buying $

21786

of Microsoft stock, and $

61206

of Apple stock. Microsoft stock has a beta of

0.83

and Apple stock has a beta of

0.9 .

What is your portfolio Beta?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Financial Modelling Model Design And Best Practices Using Excel And VBA

Authors: Michael Rees

1st Edition

111890401X, 978-1118904015

More Books

Students also viewed these Finance questions

Question

★★★★★

Create a boxplot for the variable ADDSC in Appendix D. These data are available at https://www.uvm.edu/~dhowell/fundamentals8/DataFiles/Add.dat.

Answered: 1 week ago

Question

★★★★★

The treasurer of National Credit union proposes changing the method of compounding interest on premium savings accounts to daily compounding. If the current rate is 6% compounded quarterly, what...

Answered: 1 week ago

Question

★★★★★

2. Calculate the slope of the line using the regression line in the scattergram above. The slope of the line, b, is approximately: a) 0.33 b) 0.55 c) 0.66 d) 0.77 180 Number of MRSA bacieraemias by...

Answered: 1 week ago

Question

★★★★★

Progressive Company reported the following asset values in 2014 and 2015: In addition, in 2015, Progressive had sales of $4,800,000; cost of goods sold for the year was $2,900,000. As of the end of...

Answered: 1 week ago

Question

★★★★★

1 Two independent companies, Levine and Shelton, are in the home-building business. Each owns a tract of land for development, but each company prefers to build on the other's land. Accordingly, they...

Answered: 1 week ago

Question

★★★★★

The table shows the electricity rates charged by Easton Utilities in the summer months. (A) Write a piecewise definition of the monthly charge S(x) (in dollars) for a customer who uses x kWh in a...

Answered: 1 week ago

Question

★★★★★

Amber Co. purchased a parcel of land six years ago for $700,000. At that time, the firm invested $150,000 in grading the site so that it would be usable. Since the firm wasn't ready to use the site...

Answered: 1 week ago

Question

★★★★★

Which item would most likely be classified as a fixture once attached onto real property? Select one: A. Wooden fence B. Plasma 50 TV C. Refrigerator D. Countertop microwave

Answered: 1 week ago

Question

★★★★★

Which of the following is NOT a remedial measure to control business cycles. Question 3 options: Indirect measures Monetary measures Fiscal measures Physical measures

Answered: 1 week ago

Question

★★★★★

Leahy inc, has 10 customers that account for all of its $1,472,000 of net income. its activity-based costing system is able to assign all costs, except for $200,000 of general administrative costs,...

Answered: 1 week ago

Question

★★★★★

When carrying out the control process at MGT , Inc. s manufacturing plant, Sally focuses her attention on the few defective components produced on the assembly line. Although she is concentrating on...

Answered: 1 week ago

Question

★★★★★

Two events each have the probability 0.2 of occurring. The probability that neither is 0.6. These events are: A) mutually exclusive B) independent C) conditional D) mutually exclusive and independent...

Answered: 1 week ago

Question

★★★★★

Why are employees considering union representation?

Answered: 1 week ago

Question

★★★★★

Explain the use of ombudspersons and alternative dispute resolution.

Answered: 1 week ago

Question

★★★★★

What is the total annual turnover rate?

Answered: 1 week ago

Previous Question Next Question