You own 1500 of city steel stock that has a beta of 160 you
You own $1,500 of City Steel stock that has a beta of 1.60. You also own $6,000 of Rent-N-Co (beta = 1.90) and $5,000 of Lincoln Corporation (beta = 1.00). What is the beta of your portfolio (closest to)?
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you own 1500 of city steel stock that has a beta of 160 you also own 6000 of rent-n-co beta 190 and 5000 of lincoln
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