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taurus [48]
3 years ago
15

If a stock consistently goes down (up) by 1.6% when the market portfolio goes down (up) by 1.2%, then its beta equals:

Business
1 answer:
34kurt3 years ago
8 0

Answer: 1.33

Explanation:

Beta is a measure of how a stock moves in relation to the market and so can be calculated by the formula:

Beta = Change in stock / Change in market

= -1.6%/-1.2%

= 1.33

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A customer has requested that Lewelling Corporation fill a special order for 2,100 units of product S47 for $26 a unit. While th
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<u>Computation of income/loss on special order</u>

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Incremental profit on S 47 order                                                 $    550                                                  

3 0
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