Question
Your investment club has only two stocks in its portfolio. $30,000 is invested in a stock with a beta of 0.9, and $40,000 is invested
Your investment club has only two stocks in its portfolio. $30,000 is invested in a stock with a beta of 0.9, and $40,000 is invested in a stock with a beta of 1.4. What is the portfolio's beta? Do not round intermediate calculations. Round your answer to two decimal places.
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Finance Of International Trade
Authors: Eric Bishop
1st Edition
0750659084, 978-0750659086
