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Check my work You own $33,200 of Olympic Steel stock that has a beta of 2.90. You also own $24,568 of Rent-a- Center (beta 1.
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Answer #1
stock amount weight beta weight* beta
olympic steel 33,200 (33,200/66,400)=>0.50 2.90 1.45
rent a center 24,568 (24,568/66,400)=>0.37 1.93 0.7141
Lincoln educational 8,632 (8,632/66,400)=>0.13 0.98 0.1274
66,400 portfolio beta 2.29
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