Question
You have $1 million portfolio consisting of a $100,000 investment in each of 10 different stocks. the portfolio has a beta of 2.0. You are
You have $1 million portfolio consisting of a $100,000 investment in each of 10 different stocks. the portfolio has a beta of 2.0. You are considering selling $100,000 worth of one stock with beta of 1.5 and using the proceeds to purchase another stock with a beta of -1. what will the portfolio's new beta be after these transactions?
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Finance For Freelancers Financial Intelligence
Authors: Andrew Holmes
1st Edition
1408101165, 978-1408101162
