Tom Skinner has $45,000 invested in a stock with a beta of 0.8 and another $55,000 invested in a stock with a beta of 1.4. These are the only two investments in his portfolio. What is his portfolio's beta?

The porfolio beta is 1.13

Explanation:

The computation of the portfolio beta is shown below:

= Weight × beta + weight × beta

= ($45,000 ÷ ($45,000 + $55,000) × 0.8 + ($55,000 ÷ ($45,000 + $55,000) × 1.4

= 0.45 × 0.8 + 0.55 × 1.4

= 1.13

Hence, the porfolio beta is 1.13

We simply applied the above formula so that the correct value could come

And, the same is to be considered

so they can see what that city is producing and to also see if they can some how get that product. like gold in africa.

the answer would be voluntary exchange -

"the act of buyers and sellers freely and willingly engaging in market transactions. moreover, transactions are made in such a way that both the buyer and the seller are better off after the exchange than before it occurred."

hope this : )

-shy