You have a $50,000 portfolio consisting of Intel, GE, and Con Edison. You put $20,000 in Intel, $12,000 in GE, and the rest in Con Edison. Intel, GE, and Con Edison have betas of 1.3, 1, and .8, respectively. What is your portfolio beta?
A) 1.048
B) 1.033
C) 1
D) 1.037

Question

Quizplus · Accepted Answer

11eaaae8_8b63_3321_a4b8_c7bb79c81975_TB6474_11 (1.3) + 11eaaae8_8b63_5a32_a4b8_5bc2c3e28374_TB6474_11 (1.0) + 11eaaae8_8b63_5a33_a4b8_851342dc8610_TB6474_11 (0.8) = 1.048

You Have a $50,000 Portfolio Consisting of Intel, GE, and Con