Question
You hold the stocks in the table below. COMPANY PRICE # SHARES BETA Goodmonth $250.00 400 + 3.0 Icestone $ 30.00 500 + 2.0 Bridgerock
You hold the stocks in the table below.
COMPANY PRICE # SHARES BETA
Goodmonth $250.00 400 + 3.0
Icestone $ 30.00 500 + 2.0
Bridgerock $ 50.00 1,700 2.0 A.
What is the beta of your portfolio?
B. If you expect the market to earn 13% and the risk-free rate is 3%, what is the required return of the portfolio?
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Finance Applications And Theory
Authors: Marcia Cornett, Troy Adair, John Nofsinger
6th Edition
1264101589, 9781264101580
