You own $7,000 of Human Genome stock that has a beta of 3.5. You also own $8,000

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You own $7,000 of Human Genome stock that has a beta of 3.5. You also own $8,000 of Frozen Food Express (beta = 1.6) and $10,000 of Molecular Devices (beta = 0.4). What is the beta of your portfolio?

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Finance Applications and Theory

ISBN: 978-0077861681

3rd edition

Authors: Marcia Cornett, Troy Adair

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Question Posted: Sep 23, 2014 10:40 AM

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You own $7,000 of Human Genome stock that has a beta of 3.5. You also own $8,000

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First determine the total value of the portfolio and the weight...View the full answer

Finance Applications and Theory

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