Tom O'Brien has a 2-stock portfolio with a total value of $100,000. $75,000 is invested in Stock A with a beta of 0.75 and the remainder is invested in Stock B with a beta of 1.42. What is his portfolio's beta?© BrainMass Inc. brainmass.com June 3, 2020, 11:47 pm ad1c9bdddf
The solution determines the portfolio beta using the numbers given. Details steps are shown which makes it easy for a student to follow along. Overall, an excellent response.