Bill Dukes Has $100,000 Invested in a 2-Stock Portfolio

question 120

Multiple Choice

Bill Dukes has $100,000 invested in a 2-stock portfolio.$35,000 is invested in Stock X and the remainder is invested in Stock Y.X's beta is 1.50 and Y's beta is 0.70.What is the portfolio's beta?

• A)0.65
• B)0.72
• C)0.80
• D)0.89
• E)0.98

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