The correct answer is C. If you reduce the fraction 36/18, it reduces to 2/1 or simply, 2. So, both fractions equal 2.
Answer:
Step-by-step explanation:
Here,
f(x) = y
or , swapping x with y
now to solve for y we get
now we put f inverse x instead of y
I am done.
A stock portfolio's overall beta is found by multiplying each stock's beta times the percentage of the overall portfolio it makes up and adding these terms together. Since the current portfolio's beta is known, we can treat all the stocks in the portfolio as a single stock for calculating its weight in the new portfolio. Thus, our new portfolio will have a value of $150,000, $100,000, or 2/3, of which has a beta of 1.5 and $50,000, or 1/3, of which has a beta of 3. Then the beta of the new portfolio will be 1.5*(2/3) + 3*(1/3) = 2.
