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You own a stock portfolio invested 21 percent in Stock Q, 24 percent in Stock R, 41 percent in Stock S, and 14 percent in
| You own a stock portfolio invested 21 percent in Stock Q, 24 percent in Stock R, 41 percent in Stock S, and 14 percent in Stock T. The betas for these four stocks are .89, .95, 1.35, and 1.80, respectively. |
| Required: |
| What is the portfolio beta? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) |
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Corporate Finance For Dummies
Authors: Michael Taillard
2nd Edition
1119850312, 978-1119850311
