You own a stock portfolio invested$15,000in stock X, $10,000 in stock Y and $25,000 in stock Z.
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Question:
You own a stock portfolio invested$15,000in stock X, $10,000 in stock Y and $25,000 in stock Z. The betas for these three stocks are .6, .9, 1.6, respectively. What is the portfolio beta? (Hint: you must first calculate the weights)
.688
.788
1.16
1.38
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