your retirement fund consists of a $15,000 investment in each of 6 different common stocks. The portfolio's
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Question:
your retirement fund consists of a $15,000 investment in each of 6 different common stocks. The portfolio's beta is 0.90. Suppose you buy another stock worth $15,000 whose beta is 1.10.
Required:
Calculate your portfolio's new beta.
Related Book For
Managerial economics
ISBN: 978-1118041581
7th edition
Authors: william f. samuelson stephen g. marks
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