You own a stock portfolio invested 30 percent in Stock Q, 25 percent in Stock R, 25 percent in Stock S, and 20 percent in Stock T. The betas for these four stocks are .95, 1.12, 1.13, and 1.30, respectively. What is the portfolio beta? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Related Questions

• Brewsters, a ice cream company, has been fairly successful in its market. Lydia sees an opportunity for profit and enters the market. After producing her profit-maximizing level of output, she finds that her average total cost per unit is $5, her average variable cost per unit is $3, and the market price is $2.50. In the short run, Lydia should _______. A. stay in business even though she is suffering a loss. B. shut down her business. C. expand production because she is making a positive economic profit.
• The following information is related to Alpha Company's fiscal year 2017. Income Statement: Net Income $300,000 Depreciation Expense 50,000 Gain on Sale of Plant Assets 10,000 Interest Expense 500 Balance Sheet - 12/31/17: Increase (Decrease) Accounts Payable ($4,000) Plant Assets - Purchased 250,000 Plant Assets - Disposals (100,000) Additional Information: Cash Balance - 12/31/2016: $50,000 Common Stock exchanged for outstanding Long Term Notes Payable of $125,000 Dividends paid were $25,000 Use this information to prepare the Statement of Cash Flows for Alpha Company using the indirect method.
• Designing research procedures that produce reliable marketing data means thatA) others using the same procedure will get almost identical resultsB) the procedure must give results that support the hypothesisC) the procedure must not give results that contradict other research studiesD) the procedure may give results that contradict other research studiesE) sampling must be done in a completely random manner
• Devon and Edmond enter into a contract for the closing of a sale of Devon's recording studio. When Edmond's schedule conflicts, he asks Ferdie to perform his duties at the closing. This transfer of dutiesa. a delegation.b. an assignment.c. prohibited.d. a negotiation.
• Mark Johnson saves a fixed percentage of his salary at the end of each year. This year he saved $2,000. For each of the next 5 years, he expects his salary to increase at an 10% annual rate, and he plans to increase his savings at the same 10% rate. There will be a total of 6 investments, the initial $2,000 plus five more. If the investments earn a return of 13% per year, how much will Mark have at the end of six years?
• A family with 45000 in asserts and 22000 of liabilities would have a net worth of? A. 45,000 B.23,000 C.22,000 D.67,000
• DM Corporation has provided you with the following budgeted income statement for one of its products: Sales $700,000 Variable Expenses ($430,000) Contribution Margin $270,000 Fixed Expenses ($310,000) Operating Loss ($40,000) DM has encountered environmental problems with the product and will be forced to drop the product all together. They will be able to eliminate 60% of the fixed expenses. What will be the impact on the operating income for the company? a) Operating income decreases by $84,000 b) Increases by $84,000 c) Increase by $186,000 d) Decrease by $186,000
• 15. Ivan Knobel holds a well-diversified portfolio that has an expected return of 11.0%, a total value of $90,000, and a beta of 1.20. He is in the process of buying 1,000 shares of Syngine Corp at $10 a share and adding it to his portfolio. Syngine has an expected return of 13.0% and a beta 1.50. What will the beta on the portfolio be after the purchase of the Syngine stock?a. 1.17b. 1.29c. 1.36d. 1.42e. 1.23
• An economy produces final goods and services with a market value of $10,000 billion in a given year, but only $8,500 billion worth of goods and services is sold to domestic or foreign buyers. Is this nation’ s GDP $5,000 billion or $4,500 billion?
• The dry cleaning industry is in monopolistic competition. In the short​ run, the​ profit-maximizing price is​ $10 per item and the average total cost is​ $6 per item. In​ long-run equilibrium, the​ profit-maximizing price is​ $8 per item. In​ long-run equilibrium, what is the economic profit of a firm in the dry cleaning​ industry? In​ long-run equilibrium, the dry cleaning firm makes ​$ nothing economic profit.