Question: Elijah Gilmore has $ 1 5 0 , 0 0 0 invested in a 2 - stock portfolio. $ 1 1 2 , 5 0

Elijah Gilmore has $150,000 invested in a 2-stock portfolio. $112,500 is invested in Stock X and the remainder is invested in Stock Y. X's beta is 1.80 and Y's beta is 0.70. What is the portfolio's beta?
a.0.17
b.1.25
c.0.76
d.0.24
e.1.53

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!