You also own 37000 of rent-n-co beta 174 and 20400 of
You own $19,000 of City Steel stock that has a beta of 3.29. You also own $37,000 of Rent-N-Co (beta = 1.74) and $20,400 of Lincoln Corporation (beta = -.86). What is the beta of your portfolio?
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you own 19000 of city steel stock that has a beta of 329 you also own 37000 of rent-n-co beta 174 and 20400 of lincoln
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