You Own $9,000 of Olympic Steel Stock That Has a Beta

question 30

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

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