A Portfolio Is Comprised of 30 Percent of Stock X,55

question 49

Multiple Choice

A portfolio is comprised of 30 percent of stock X,55 percent of stock Y,and 15 percent of stock Z.Stock X has a beta of .87,stock Y has a beta of 1.48,and stock Z has a beta of 1.04.What is the portfolio beta?

• A)1.012
• B)1.111
• C)1.157
• D)1.190
• E)1.231