You own 1700 of city steel stock that has a beta of 164 you
You own $1,700 of City Steel stock that has a beta of 1.64. You also own $6,400 of Rent-N-Co (beta = 1.94) and $5,400 of Lincoln Corporation (beta = 1.04). What is the beta of your portfolio?
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you own 1700 of city steel stock that has a beta of 164 you also own 6400 of rent-n-co beta 194 and 5400 of lincoln
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