You have $150,000 invested in three stocks as follows: Stock Investment Stocks
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Question:
You have $150,000 invested in three stocks as follows:
Stock Investment Stock’s Beta
SYK $50,000 1.9
ISRG $50,000 1.2
YUM $50,000 0.9
(a) What is the beta value of your portfolio?
(b) You desire a portfolio of 1.15 and will achieve this by selling $25,000 of ISRG and an additional amount SYK, with the proceeds of both sales to purchase YUM. What dollar amount of SYK should you sell? What dollar amount of YUM will you purchase?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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