-2(2x-1)(x+3) = ((-2)2x - (-2)(-1))(x+3) = (-4x-2)(x+3)
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.
Answer:
1.25 = X
Step-by-step explanation:
5-2x+2=12-4x-2x
Combine all like terms here.
7-2x=12-6x
Add 2x on both sides.
7=12-4x
Subtract 12 on both sides.
-5=-4x
Divide by -4.
1.25=X
The discount was 48%. The original price was $28.00, but the new price was $14.60.
Answer:
x=-1
Step-by-step explanation:
8/x+2=2/x-4
8/x=2/x-6
8=2-6x
6=-6x
-1=x
