You also own 41500 of rent-n-co beta 183 and 21300 of


Portfolio Beta

You own $28,000 of City Steel stock that has a beta of 3.38. You also own $41,500 of Rent-N-Co (beta = 1.83) and $21,300 of Lincoln Corporation (beta = -.77). What is beta of the portfolio?

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Finance Basics: You also own 41500 of rent-n-co beta 183 and 21300 of
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