Question: QUESTION 9 10 points Save Answer You manage a fund with $10 million. The fund consists of the following investment classes Class % of Capital
QUESTION 9 10 points Save Answer You manage a fund with $10 million. The fund consists of the following investment classes Class % of Capital Beta Foreign Stocks 22% 174 Tech Stocks 35% 1.33 Industrial Stocks 28% 0.91 Corporate Bonds 15% 0.20 A new client deposits 52 million into your fund. You use 70% of the new funds to buy a stock with a beta of 1.20 and the remaining 30% to buy assets that have a beta of 0.50 What is the new beta of you fund O 1.11 1.12 1.13 1.14
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