You own 21500 of city steel stock that has a beta of 332
You own $21,500 of City Steel stock that has a beta of 3.32. You also own $38,500 of Rent-N-Co (beta = 1.77) and $20,700 of Lincoln Corporation (beta = -.83). What is the beta of your portfolio?
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you own 21500 of city steel stock that has a beta of 332 you also own 38500 of rent-n-co beta 177 and 20700 of lincoln
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