Question
You hear on the news that the S&P/TSX Composite Index was up 3% today (the markets return was 3%). You are thinking about your portfolio
You hear on the news that the S&P/TSX Composite Index was up 3% today (the markets return was 3%). You are thinking about your portfolio and your investment in Royal Bank of Canada (RBC) and Barrick Gold.
A. If RBCs beta is 0.72, what is your best guess as to RBCs return today? (Please Show Calculations - No excel please)
B. If Barrick Golds beta is -0.88, what is your best guess as to Barrick Golds return today? (Please Show Calculations - No excel please)
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Public Finance
Authors: H L Bhatia
30th Edition
9390080258, 978-9390080250
