Question
You own a portfolio equally invested in a risk-free asset and two stocks. If one of the stocks has a beta of 1.46 and the
You own a portfolio equally invested in a risk-free asset and two stocks. If one of the stocks has a beta of 1.46 and the total portfolio is exactly as risky as the market, what must the beta be for the other stock in your portfolio?
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Contemporary Financial Management
Authors: R. Charles Moyer, James R. McGuigan, William J. Kretlow
11th Edition
0324653506, 978-0324653502
