Multiple Choice
You own $9,000 of Olympic Steel stock that has a beta of 2.5. You also own $7,000 of Rent-a-Center (beta = 1.2) and $8,000 of Lincoln Educational (beta = 0.4) . What is the beta of your portfolio?
A) 1.18
B) 1.07
C) 1.42
D) 1.53
Correct Answer:
Verified
Correct Answer:
Verified
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