Hello,
I hope someone can help me as I'm really struggling.
In question mercury training where did apportionment (0.67 and 0.33) come from when calculating the average asset beta for mercury?
Ba = (0.67 x 1.3865) + (0.33 x 0.75) = 1.175
Many thanks in advance
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Mercury Training 6/08
7y ago#1It is because of the last line of the second paragraph of the question - 'the business now accounts for one third of the company's total revenue'.
Thank you so much!
7y ago#3You are welcome :-)
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