justin5647
12.08.2020 •
Mathematics
Your investment club has only two stocks in its portfolio. $25,000 is invested in a stock with a beta of 0.8, and $40,000 is invested in a stock with a beta of 1.7. What is the portfolio's beta? Do not round intermediate calculations. Round your answer to two decimal places.
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Ответ:
The portfolio beta is
Step-by-step explanation:
From the question we are told that
The first investment is
The first beta is
The second investment is
The second beta is
Generally the portfolio beta is mathematically represented as
substituting values
Ответ:
about 0.81 miles
Step-by-step explanation:
Alyssa's route can be considered a right triangle with legs of length 19 and 28 (hundredths). The Pythagorean theorem tells us the hypotenuse (x) will satisfy ...
x^2 = 19^2 +28^2
x^2 = 1145
x = √1145 ≈ 34 . . . . hundredths of a mile
Then Alyssa's total route is ...
0.19 + 0.28 + 0.34 = 0.81 . . . . miles