Business, 26.05.2021 01:00 johnsonkia873

Assume a portfolio is worth $70,000, consisting of X, Y, and cash. Also assume you invested $35,000 in X, $14,000 in Y and the rest in cash, and that X and Y have betas of 1.45 and 0.80 respectively. Calculate the portfolio beta. (Provide numerical answer to 3 decimal places.)

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Assume a portfolio is worth $70,000, consisting of X, Y, and cash. Also assume you invested $35,000...