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Tom O'Brien Has a 2-Stock Portfolio with a Total Value

question 85

Multiple Choice

Tom O'Brien has a 2-stock portfolio with a total value of $100,000.$47,500 is invested in Stock A with a beta of 0.75 and the remainder is invested in Stock B with a beta of 1.42.What is his portfolio's beta? Do not round your intermediate calculations.Round your final answer to 2 decimal places.

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Definitions:

Populism

A belief in the wisdom of the common people and in the equality of all people.

Pop Culture

Modern popular culture transmitted via mass media and aimed particularly at younger people.

Civil Disobedience

The active, nonviolent refusal to obey a law that is deemed unjust.

Thoreau's Criteria

Standards or principles established by the American transcendentalist Henry David Thoreau, often related to civil disobedience and living simply.

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