Question: FNB 100 Principle FINANCE Chapter 10 Pre-Built Problems Question 3 (of 11) 3. 1.00 points value: Problem 10-11 Portfolio Beta (LG10-3) You have a portfolio

 FNB 100 Principle FINANCE Chapter 10 Pre-Built Problems Question 3 (of

FNB 100 Principle FINANCE Chapter 10 Pre-Built Problems Question 3 (of 11) 3. 1.00 points value: Problem 10-11 Portfolio Beta (LG10-3) You have a portfolio with a beta of 1.37. What ill be the new portfolio beta if you keep 93 percent of your money in the old portfolio and 7 percent in a stock with a beta of 0.97? (Do not round intermediate calculation and round your answer to 2 decimal places) New portfolio beta

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