Jerry's portfolio is invested equally in 5 stocks (Each stock has a weight of .20) and has

Question:

Jerry's is invested equally in 5 (Each stock has a weight of .20) and has a required return of 9.4%. The risk free rate is 5% and the market risk premium is 4 %. What is the portfolios beta? Assume that jerry's is on the SML
Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing... Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...