Intermediate Financial Management (MindTap Course List)
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN: 9781337395083
Author: Eugene F. Brigham, Phillip R. Daves
Publisher: Cengage Learning
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Chapter 2, Problem 1P

Your investment club has only two stocks in its portfolio. $20,000 is invested in a stock with a beta of 0.7, and $35,000 is invested in a stock with a beta of 1.3. What is the portfolio’s beta?

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Your investment club has only two stocks in its portfolio. $20,000 is investedin a stock with a beta of 0.7, and $35,000 is invested in a stock with a betaof 1.3. What is the portfolio’s beta?
Your investment club has only two stocks in its portfolio. $10,000 is invested in a stock with a beta of 0.6, and $25,000 is invested in a stock with a beta of 1.6. What is the portfolio's beta? Do not round intermediate calculations. Round your answer to two decimal places.
Your investment club has only two stocks in its portfolio. $30,000 is invested in a stock with a beta of 0.8, and $40,000 is invested in a stock with a beta of 2.1. What is the portfolio's beta? round your answer to two decimal places.
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