Portfolio beta you own 31000 of city steel stock that has a


Portfolio Beta: You own $31,000 of City Steel stock that has a beta of 3.41. You also own $43,000 of Rent-N-Co (beta = 1.86) and $21,600 of Lincoln Corporation (beta = -.74). What is the beta of your portfolio?

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A) 4.69

B) 1.00

C) 4.53

D) 1.78

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Financial Management: Portfolio beta you own 31000 of city steel stock that has a
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