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13 A portfolio is invested 35% in Stock W, 5% in Stock X. 45% in Stock Y, and 15% in Stock Z. The betas for

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13 A portfolio is invested 35% in Stock W, 5% in Stock X. 45% in Stock Y, and 15% in Stock Z. The betas for these 4 stocks are 1.35, 1.25, 0.7, and 0.8, respectively. What is the portfolio beta? 3 Doints Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit any commas in your response. For example, an answer of 1,000.50 should be entered as 1000.50. 8 01:17:33 Numeric Response

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