Question
you own a stock portfolio invested 35 percent in Stock Q, 17 percent in Stock R, 35 percent in Stock S, and 13 percent in
you own a stock portfolio invested 35 percent in Stock Q, 17 percent in Stock R, 35 percent in Stock S, and 13 percent in Stock T. The betas for these four stocks are 1.04, 1.10, 1.50, and 1.95, respectively.
What is the portfolio beta?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
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Corporate Finance Core Principles And Applications
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
6th Edition
1260571122, 978-1260571127
