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9. You own $18,876 of Olympic Steel stock that has a beta of 3.10. You also own $16,940 of Rent-a-Center (beta = 1.52) and $12,584

9.You own $18,876 of Olympic Steel stock that has a beta of 3.10. You also own $16,940 of Rent-a-Center (beta = 1.52) and $12,584 of Lincoln Educational (beta = 0.90).

What is the beta of your portfolio? (Do not round intermediate calculation andround your answer to 2 decimal places.)

Portfolio beta ____

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