Finding the portfolio beta
Problem: Susan has $100,000 invested in a 2-stock portfolio. $30,000 is invested in Pierce Manufacturing and the remainder is invested in Stone Corporation. Pierces' beta is 1.60 and Stone' beta is 0.60. What is the portfolio's beta?
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Pierces' beta is 1.60 and Stone' beta is 0.60. What is the portfolio's beta?
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