Joel Owns the Following Portfolio of Securities

question 115

Multiple Choice

Joel owns the following portfolio of securities.What is the beta for the portfolio?

• A)0.9500
• B)1.0000
• C)1.1375
• D)1.1705

---

Definitions:

Bequeath

The act of leaving personal property to someone through a will.

Personal Representative

A personal representative is an individual appointed to administer the estate of a deceased person under a will or through a court process.

Nonprobate

Refers to assets or property that will pass to survivors by means other than a will, such as through trust or designated beneficiary.

Ambulatory

A term pertaining to the ability of a will to be changed by a testator.