Question
You own $33,200 of Olympic Steel stock that has a beta of 2.90. You also own $24,568 of Rent-a-Center (beta = 1.93) and $8,632 of
You own $33,200 of Olympic Steel stock that has a beta of 2.90. You also own $24,568 of Rent-a-Center (beta = 1.93) and $8,632 of Lincoln Educational (beta = 0.98). What is the beta of your portfolio? (Round your answer to 2 decimal places.)
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart
14th Edition
1264101597, 9781264101597
