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22) Matt has the following 4 stocks in his portfolio. Stock Beta Current Value $3500 A 0.8 0.6 B 1900 1.8 7800 2200 D 1.9
22) Matt has the following 4 stocks in his portfolio. Stock Beta Current Value $3500 A 0.8 0.6 B 1900 1.8 7800 2200 D 1.9 A. What is the portfolio's beta? Round answer to two decimal places. B. What does this figure mean in terms of an investment strategy for Matt? Explain
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