You own 21000 of city steel stock that has a beta of 331


Question: You own $21,000 of City Steel stock that has a beta of 3.31. You also own $38,000 of Rent-N-Co (beta = 1.76) and $20,600 of Lincoln Corporation (beta = -.84). What is the beta of your portfolio? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Finance Basics: You own 21000 of city steel stock that has a beta of 331
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