Question
You own 500 shares of Stock A at a price of $70 per share, 610 shares of Stock B at $85 per share, and 450
| You own 500 shares of Stock A at a price of $70 per share, 610 shares of Stock B at $85 per share, and 450 shares of Stock C at $35 per share. The betas for the stocks are 1.5, 1.2, and .6, respectively. What is the beta of your portfolio? (Do not round intermediate calculations. Round your answer to 2 decimal places.) |
| Beta |
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Finance For Nonfinancial Managers Beginners Handbook For Finance
Authors: Murugesan Ramaswamy
1st Edition
1516973801, 978-1516973804
