Assume that you hold a. diversified 90,000 portfolio with a beta of 1.20 and that you...

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Assume that you hold a. diversified 90,000 portfolio with a betaof 1.20 and that you are in the process of buying 1000 shares of ahigh tech stock at $10 a share with beta of 1.70 and adding it tothis portfolio. also assume that risk free rate is 2% and that theexpected rate of return on the market is 10.0% based of the CAPMwhat would be the expected rate of return. for your portfolio afterthe purchase of this stock

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Step 1 Portfolio BetaThe beta of a portfolio is the weighted average beta of    See Answer
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Assume that you hold a. diversified 90,000 portfolio with a betaof 1.20 and that you are in the process of buying 1000 shares of ahigh tech stock at $10 a share with beta of 1.70 and adding it tothis portfolio. also assume that risk free rate is 2% and that theexpected rate of return on the market is 10.0% based of the CAPMwhat would be the expected rate of return. for your portfolio afterthe purchase of this stock

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