You own a stock portfolio invested 25 percent in Stock Q, 35 percent in Stock R, 18 percent in Stock S, and 22 percent In Stock T. The betas for these four stocks are 1.3, 0.7, 1.4, and 0.9, respectively. What is the portfolio beta? (Do not round intermediate calculations. Round your answer to 3 decimal places.) Portfolio beta

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter1: Functions
Section1.EA: Extended Application Using Extrapolation To Predict Life Expectancy
Problem 4EA: EXERCISES The following table gives the life expectancy at birth of females born in the United...
Question
You own a stock portfolio invested 25 percent in Stock Q, 35 percent in Stock R, 18 percent in Stock S, and 22 percent In Stock T. The
betas for these four stocks are 1.3, 0.7, 1.4, and 0.9, respectively. What is the portfolio beta? (Do not round intermediate calculations.
Round your answer to 3 decimal places.)
Portfolio beta
Transcribed Image Text:You own a stock portfolio invested 25 percent in Stock Q, 35 percent in Stock R, 18 percent in Stock S, and 22 percent In Stock T. The betas for these four stocks are 1.3, 0.7, 1.4, and 0.9, respectively. What is the portfolio beta? (Do not round intermediate calculations. Round your answer to 3 decimal places.) Portfolio beta
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