Michael Margolis is a single parent and motivational training consultant from Palatine, Illinois. He is wondering about
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Michael Margolis is a single parent and motivational training consultant from Palatine, Illinois. He is wondering about potential returns on investments given certain amounts of risk. Michael invested a total of $12,000 in three stocks ($4,000 in each) with different betas: stock A with a beta of 0.7, stock B with a beta of 1.8, and stock C with a beta of 2.5. If the stock market rises 8 percent over the next year, what will be the likely value of each investment? Do not round your intermediate calculations. Round your answers to the nearest dollar.
Related Book For
Principles of Risk Management and Insurance
ISBN: 978-0132992916
12th edition
Authors: George E. Rejda, Michael McNamara
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