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2.) what are the steps to solve this? You invest 11% of your money in Stock A,17% in Stock B, and the remainder in Stock

2.) what are the steps to solve this? image text in transcribed
You invest 11% of your money in Stock A,17% in Stock B, and the remainder in Stock C. Stock A has a beta of 1.3, Stock B has a beta of -0.9 , and Stock C has a beta of 1.1. What is the beta of your portfolio? Write your answer out to two decimals - for example, 0.87 . Answer: The beta of a portfolio is just the weighted average of the betas of the stocks inside of it. The correct answer is: 1.46

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