you initially had 125 million stock portfolio that had a beta 1.3 .Upon selling 400000 of stock
Fantastic news! We've Found the answer you've been seeking!
Question:
you initially had 125 million stock portfolio that had a beta 1.3 .Upon selling 400000 of stock with a beta of 0.8 and replacing it new stock, the portfolios beta increased to 1.5. What was the beta of the new stock?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: