Tom O'Brien has a 2-stock portfolio with a total value of $100,000. $75,000 is invested in Stock A with a beta of 0.75 and the remainder is invested in Stock B with a beta of 1.42. What is his portfolio's beta?
Answer
|
a. |
1.12 |
|
b. |
0.86 |
|
c. |
0.92 |
|
d. |
0.99 |
|
e. |
0.81 |