Find out the portfolio beta


Problem:

An individual has $45,000 invested in a stock with a beta of 0.8 and another $30,000 invested in a stock with a beta of 1.7.

Required:

Question: If these are the only two investments in her portfolio, what is her portfolio's beta?

Note: Explain in detail.

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Accounting Basics: Find out the portfolio beta
Reference No:- TGS0885880

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