A portfolio is invested 15% in Stock W, 35% in Stock X, 45% in Stock...
70.2K
Verified Solution
Link Copied!
Question
Finance
A portfolio is invested 15% in Stock W, 35% in Stock X, 45% in Stock Y, and 5% in Stock Z. The betas for these 4 stocks are 0.75, 0.95, 1.2, and 1.3, respectively. What is the portfolio beta?
Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit any commas in your response. For example, an answer of 1,000.50 should be entered as 1000.50.
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!