The Beta represents the Relation of a stock in respect to the Market. i.e. response of stock in relation of Market.
Beta of - 1.5
market decreased by 20%
So stock will move in opposite direction by 20% * 1.5 = 35%. So stock will increase by 35%
Value of the Stock will be $ 44 + 35%(44) = $ 59.4
Total Investment Value will be 59.4 * 1000 = $ 59,400
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