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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 398 Weeks Ago, 2 Days Ago |
| Questions Answered: | 66690 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Thomas has a five-stock portfolio that has a market value equal to $400,000. The portfolio's beta is 1.5. Thomas is considering selling a particular stock to help pay some university expenses. The stock is valued at $100,000, and if he sells it the portfolio's beta will increase to 1.8. What is the beta of the stock Thomas is considering selling?
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