Question
You have a $100,000 portfolio consisting of Apple, Berkshire Hathaway, and Amazon.com.You put $35,000 in Apple, $24,000 in Berkshire Hathaway, and the rest in Amazon.com.Apple,
You have a $100,000 portfolio consisting of Apple, Berkshire Hathaway, and Amazon.com.You put $35,000 in Apple, $24,000 in Berkshire Hathaway, and the rest in Amazon.com.Apple, Berkshire, and Amazon have betas of 1.28, 0.85, and 1.62, respectively.What is your portfolio's beta?
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International Financial Management
Authors: Cheol S. Eun, Bruce G.Resnick
6th Edition
71316973, 978-0071316972, 78034655, 978-0078034657
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