Question
You own $10,000 of Olympic Steel stock that has a beta of 2.2.You also own $7,000 of Rent-a-Center (beta=1.5) and $8,000 of Lincoln Educational (beta
You own $10,000 of Olympic Steel stock that has a beta of 2.2.You also own $7,000 of Rent-a-Center (beta=1.5) and $8,000 of Lincoln Educational (beta =0.5).
What is the beta of your portfolio? (Round your answer to 2 decimal places.)
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Personal Financial Planning
Authors: Randy Billingsley, Lawrence J. Gitman, Michael D. Joehnk
14th edition
978-1305887725, 1305887727, 1305636619, 978-1305636613
