Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
ChapterA2: Investments
Section: Chapter Questions
Problem 10MCQ
Related questions
Question
Report the beta of each stock and demonstrate a clear understanding of the concept of market efficiency.
![| M
A
E
F
H
K
1 Date
Adj Close
Adj Close
Value of DIS (13 Shares)
Value of WFC (90 Shares)
Total Portfolio Value
Returns
8/30/21
181
44.000114
2353.00
3960.01
6313.01
9/6/21
184.119995
44.1595
2393.56
3974.36
6367.91
0.00870
4
9/13/21
183.470001
46.291271
2385.11
4166.21
6551.32
0.02880
9/20/21
176
47.735691
2288.00
4296.21
6584.21
0.00502
9/27/21
176.009995
46.839153
2288.13
4215.52
6503.65 -0.01224
7
10/4/21
176.740005
47.815384
2297.62
4303.38
6601.00
0.01497
10/11/21
176.460007
48.193924
2293.98
4337.45
6631.43
0.00461
10/18/21
169.419998
50.465153
2202.46
4541.86
6744.32
0.01702
10/25/21
169.070007
50.96323
2197.91
4586.69
6784.60
0.00597
_1
11/1/21
175.630005
50.245998
2283.19
4522.14
6805.33
0.00306
_2
_3
11/8/21
159.630005
50.959999
2075.19
4586.40
6661.59 -0.02112
11/15/21
154
48.82
2002.00
4393.80
6395.80 -0.03990
_4
11/22/21
148.110001
48.43
1925.43
4358.70
6284.13
-0.01746
.5
11/29/21
147.809998
49.16
1921.53
4424.40
6345.93
0.00983
_6
Dollar Return
32.92
Weight of DIS
Weight of WFC
Beta of DIS
Beta of WFC
Percentage Return
0.52%
30.28%
69.72%
0.93
1.21
Portfolio Beta
1.13
2
23
24
25](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F054d0b4a-edca-48ba-9ebe-36c23e945d13%2Fb4103feb-3c7d-4493-8b83-09671779ff8b%2Fkprvbbj_processed.png&w=3840&q=75)
Transcribed Image Text:| M
A
E
F
H
K
1 Date
Adj Close
Adj Close
Value of DIS (13 Shares)
Value of WFC (90 Shares)
Total Portfolio Value
Returns
8/30/21
181
44.000114
2353.00
3960.01
6313.01
9/6/21
184.119995
44.1595
2393.56
3974.36
6367.91
0.00870
4
9/13/21
183.470001
46.291271
2385.11
4166.21
6551.32
0.02880
9/20/21
176
47.735691
2288.00
4296.21
6584.21
0.00502
9/27/21
176.009995
46.839153
2288.13
4215.52
6503.65 -0.01224
7
10/4/21
176.740005
47.815384
2297.62
4303.38
6601.00
0.01497
10/11/21
176.460007
48.193924
2293.98
4337.45
6631.43
0.00461
10/18/21
169.419998
50.465153
2202.46
4541.86
6744.32
0.01702
10/25/21
169.070007
50.96323
2197.91
4586.69
6784.60
0.00597
_1
11/1/21
175.630005
50.245998
2283.19
4522.14
6805.33
0.00306
_2
_3
11/8/21
159.630005
50.959999
2075.19
4586.40
6661.59 -0.02112
11/15/21
154
48.82
2002.00
4393.80
6395.80 -0.03990
_4
11/22/21
148.110001
48.43
1925.43
4358.70
6284.13
-0.01746
.5
11/29/21
147.809998
49.16
1921.53
4424.40
6345.93
0.00983
_6
Dollar Return
32.92
Weight of DIS
Weight of WFC
Beta of DIS
Beta of WFC
Percentage Return
0.52%
30.28%
69.72%
0.93
1.21
Portfolio Beta
1.13
2
23
24
25
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