Question
You own $10,000 of Human Genome stock that has a beta of 2.49. You also own $10,000 of Frozen Food Express (beta = 0.86) and
You own $10,000 of Human Genome stock that has a beta of 2.49. You also own $10,000 of Frozen Food Express (beta = 0.86) and $20,000 of Molecular Devices (beta = 1.07). What is the beta of your portfolio? ENTER YOUR ANSWER WITH TWO DECIMAL PLACES (e.g., 1.23).
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Foundations Of Finance
Authors: Arthur J. Keown, John H. Martin, J. William Petty
10th Edition
0135160618, 978-0135160619
