Question
You own a portfolio equally invested in a risk-free asset and two stocks. If one of the stocks has a beta of 1.67, 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 1.67, and the total portfolio is exactly as risky as the market, what must the beta be for the other stock in your portfolio? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
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Financial Markets And Institutions
Authors: Jeff Madura
13th Edition
0357130790, 978-0357130797
