Evaluate the portfolio beta
Question:
Keith Johnson has $100,000 invested in a 2-stock portfolio. $30,000 is invested in Potts Manufacturing and the remainder is invested in Stoh's Corporation. Potts' beta is 1.60 and Stohs' beta is 0.60. What is the portfolio's beta?
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Potts' beta is 1.60 and Stohs' beta is 0.60. What is the portfolio's beta?
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