Question: For numeric answers, unless instructed otherwise, enter dollar values to the nearest cent (two decimal places) and enter rates as percentages, also with two decimal
For numeric answers, unless instructed otherwise, enter dollar values to the nearest cent (two decimal places) and enter rates as percentages, also with two decimal places (or you may lose points). Do not include dollar signs or commas. For units, abbreviate dollars as $, percent as %, years as yy and times as x. Question 22 (4 points) You invest in common stocks and currently hold a well-diversified portfolio with an expected return of 12.00 percent, a beta of 1.50, and a total value of $5000. You plan to add to the portfolio by buying 100 shares of AT&E at $90.00 a share. AT&E has an expected return of 20.00 percent with a beta of 0.50. After you purchase the new stock, the beta of the enlarged portfolio, will be: Your Answer: Answer units
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