Susan investment profit currently contains there stock that have a total value equal 100,000 the beta of

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Susan investment profit currently contains there stock that have a total value equal 100,000 the beta of this portfolio is 1.5 Susan is considering investing an additional 50,000 in stock that has bate equal 3 after she add this stock what will be portfolio new beta ?

Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...
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Related Book For  answer-question

Principles of Finance

ISBN: 978-1285429649

6th edition

Authors: Scott Besley, Eugene F. Brigham

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