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21. You own a stock portfolio invested 20 percent in Alcoa; 30 percent in BlackRock; and 50 percent in Citibank. The betas for these three

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21. You own a stock portfolio invested 20 percent in Alcoa; 30 percent in BlackRock; and 50 percent in Citibank. The betas for these three stocks are 0.8, 1.4, and 1.1 for stocks Alcoa, Blackrock, and Citibank respectively. What is your PORTFOLIO BETA? a. 1.13 b. 1.12 1.11 d. 1.14 C

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