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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:

BCD Input

Binary Coded Decimal input, a form of data representation where each decimal digit is encoded into a sequence of four binary digits.

Outputs

The final results produced by a system, device, or program, often as a response to inputs.

Analog Output Interface

A device or circuitry that converts digital signals from a computer or controller into continuous analog signals for controlling external hardware.

Numerical Data

Information represented in numbers, used extensively in statistical analysis and scientific research.

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