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You own $12,992 of Olympic Steel stock that has a beta of 2.99. You also own $26,796 of Rent-a-Center (beta = 1.90) and $41,412 of
You own $12,992 of Olympic Steel stock that has a beta of 2.99. You also own $26,796 of Rent-a-Center (beta = 1.90) and $41,412 of Lincoln Educational (beta = 0.86).
What is the beta of your portfolio? (Do not round intermediate calculation and round your answer to 2 decimal places.) |
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