Question
You own $6,384 of Olympic Steel stock that has a beta of 2.98. You also own $12,768 of Rent-a-Center (beta = 1.47) and $14,448 of
| You own $6,384 of Olympic Steel stock that has a beta of 2.98. You also own $12,768 of Rent-a-Center (beta = 1.47) and $14,448 of Lincoln Educational (beta = 0.68). |
| What is the beta of your portfolio? (Do not round intermediate calculation and round your answer to 2 decimal places.) |
| Portfolio beta __________ |
|
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Advanced Financial Accounting
Authors: Theodore E. Christensen, David M. Cottrell, Richard E. Baker
10th edition
78025621, 978-0078025624
