You also own 44000 of rent-n-co beta 188 and 21800 of
You own $33,500 of City Steel stock that has a beta of 3.43. You also own $44,000 of Rent-N-Co (beta = 1.88) and $21,800 of Lincoln Corporation (beta = -.72). What is the beta of your portfolio?
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you own 33500 of city steel stock that has a beta of 343 you also own 44000 of rent-n-co beta 188 and 21800 of lincoln
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