Your Broker Mailed You Your Year-End Statement

question 3

Multiple Choice

Your broker mailed you your year-end statement.You have $25,000 invested in BHP Billiton,$18,000 tied up in GM,$36,000 in Woolworths shares,and $11,000 in Telstra.The betas for each of your stocks are 1.55 for BHP Billiton,1.12 for GM,2.39 for Woolworths,and .76 for Telstra.What is the beta of your portfolio?

• A)1.46
• B)1.70
• C)2.60
• D)0.41

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Definitions:

Disciplinary Process

A formal procedure by which an employer addresses an employee's unacceptable behavior or performance, potentially leading to consequences if improvement is not seen.

Management Personnel

Employees who are responsible for planning, directing, and overseeing the operations and employees within an organization.

Termination Meetings

Scheduled meetings where an employee is informed by management about their employment being ended.

Neutral Location

A place chosen for meetings, negotiations, or discussions that does not give advantage to any of the parties involved.