In: Finance
You have a $77000 portfolio consisting of Intel, GE, and Con Edison. You put $15000 in Intel, $14000 in GE, and the rest in Con Edison. Intel, GE, and Con Edison have betas of 1.3, 1.1, and 0.8, respectively. What is your portfolio beta?
| 
 1.300  | 
||
| 
 0.451  | 
||
| 
 0.949  | 
||
| 
 0.952  | 
Last option i.e 0.952 is correct answer
Detailed solution is shown below ask if any doubt
