Answer:
the answer is 35% probability
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Answer:
x = -8/29 = -0.276
Step-by-step explanation:
Step 1 :
Solving a Single Variable Equation :
1.1 Solve : 29x+8 = 0
Subtract 8 from both sides of the equation :
29x = -8
Divide both sides of the equation by 29:
x = -8/29 = -0.276
One solution was found :
x = -8/29 = -0.276
Processing ends successfully
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Step-by-step explanation:
1/x^24 is the correct expression
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.