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A four-stock portfolio is made up as shown in the table. Stock Current Value Beta A $4500 0.8 B 2900 0.6 C 6800 1.9 D
A four-stock portfolio is made up as shown in the table.
Stock | Current Value | Beta |
A | $4500 | 0.8 |
B | 2900 | 0.6 |
C | 6800 | 1.9 |
D | 1200 | 1.8 |
Calculate the portfolio's beta. Do not round intermediate calculations. Round the answer to two decimal places.
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