Referring to Problem 5.18, assume you have a portfolio with $20,000 invested in each of investments A,

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Referring to Problem 5.18, assume you have a portfolio with $20,000 invested in each of investments A, B, and C. What is your portfolio beta?
In problem
Security Beta
A .......... 1.4
B .......... 0.8
C .......... -0.9
Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...
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Fundamentals of Investing

ISBN: 978-0133075359

12th edition

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk

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