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

question 30

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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?


Definitions:

First-generation Antipsychotic

A class of drugs used to treat psychiatric conditions, particularly schizophrenia, characterized by their dopamine receptor antagonism.

Second-generation Antipsychotic

A class of drugs used to treat psychiatric conditions, generally considered to have fewer side effects than first-generation antipsychotics.

Muscle Tremors

Involuntary, rhythmic muscle contractions that result in shaking movements in one or more parts of the body.

Delusions

False beliefs held despite strong evidence against them, often a symptom of psychological disorders.

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