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3. General Tools holds a portfolio of 5 stocks....

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3. General Tools holds a portfolio of 5 stocks. Each stock has a different beta. The betas of the stocks are .9 for Stock A, 1.3 for Stock B, 1.6 for Stock C, 1.0 for Stock D, and a beta of .9 for Stock E. $5,000 has been invested in each stock. What is the beta of the portfolio? Please show your work: Please set calculator on at least 2 decimal points, do not round when you do these problems

 

Paper#13632 | Written in 18-Jul-2015

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