Question
You have a $1 million portfolio consisting of a $200,000 investment in each of 5 different stocks. The portfolio has a beta of 2.0. If
You have a $1 million portfolio consisting of a $200,000 investment in each of 5 different stocks. The portfolio has a beta of 2.0. If you add one more stock with an investment of $400,000 and a beta of 0.5. What will the portfolio's new beta be after this transaction?
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Financial Theory Perspectives From China
Authors: Xingyun Peng
1st Edition
1938134311, 1938134338, 9781938134319, 9781938134333
