Why is a bank a safe place to put money?
a0the government holds banks accountable for lost funds.
b)the federal deposit insurance corporation (fdic) insures depositors' money. c)investments from shareholders ensure that banks remain financially sound. d)banks are backed by the "full faith and credit" of the federal reserve.

Uestion 7 you hold a portfolio consisting of a $5,000 investment in each of 20 different stocks. the portfolio beta is equal to 1.12. you have decided to sell a coal mining stock (b = 1.00) at $5,000 net and use the proceeds to buy a like amount of a mineral rights company stock (b = 2.00). what is the new beta of the portfolio?