Question
You own 500 shares of Stock A at a price of $65 per share, 566 shares of Stock B at $86 per share, and 550
You own 500 shares of Stock A at a price of $65 per share, 566 shares of Stock B at $86 per share, and 550 shares of Stock C at $34 per sharer. The betas for the stocks are 1.9, 1.1, and 0.6, respectively. What is the beta of your portfolio? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
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Advanced Accounting
Authors: Debra C. Jeter, Paul Chaney
5th Edition
978-1118098615
