Business, 10.11.2020 17:00 angiejtc0908
Your retirement fund consists of a $5,000 investment in each of 18 different common stocks. The portfolio's beta is 1.10. Suppose you sell one of the stocks with a beta of 0.5 for $5,000 and use the proceeds to buy another stock whose beta is 1.5. Calculate your portfolio's new beta. Do not round intermediate calculations. Round your answer to two decimal places.
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Your retirement fund consists of a $5,000 investment in each of 18 different common stocks. The port...
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