Mercury Training

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August 17, 2019 at 8:54 am #527838
toushiga
Participant
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Hello Tutor, For PYQ June 2008 Q1 (a) Mercury Training
The extract of the answer is:
“Beta asset of mercury =(0.67 x 1.387) + (0.33 x 0.75) = 1.177

How the proportion of 0.67 for Jupiter Inc and 0.33 for Financial service sector being found?

Thank you.
August 17, 2019 at 10:29 am #527850
John Moffat
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The last sentence of the second paragraph in the question says that financial services is one third of the company revenue.
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