Finding the portfolio beta


Problem: Susan has $100,000 invested in a 2-stock portfolio. $30,000 is invested in Pierce Manufacturing and the remainder is invested in Stone Corporation. Pierces' beta is 1.60 and Stone' beta is 0.60. What is the portfolio's beta?

Solution Preview :

Prepared by a verified Expert
Finance Basics: Finding the portfolio beta
Reference No:- TGS02038016

Now Priced at $20 (50% Discount)

Recommended (94%)

Rated (4.6/5)