Question
Your retirement fund consists of a $5,000 investment in each of 15 different common stocks. The portfolios beta is 1.20. Suppose you sell one of
Your retirement fund consists of a $5,000 investment in each of 15 different common stocks. The portfolios beta is 1.20. Suppose you sell one of the stocks with a beta of 0.8 for $5,000 and use the proceeds to buy another stock whose beta is 1.6. Calculate your portfolios new beta.
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Elements Of Chemical Reaction Engineering
Authors: H. Fogler
6th Edition
013548622X, 978-0135486221
