Your investment club has only two stocks in its portfolio. $50,000 is invested in a stock with
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Your investment club has only two stocks in its portfolio. $50,000 is invested in a stock with a beta of 0.7, and $75,000 is invested in a stock with a beta of 2.2. What is the portfolio's beta?
Related Book For
Intermediate Financial Management
ISBN: 978-1285850030
12th edition
Authors: Eugene F. Brigham, Phillip R. Daves
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