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A portfolio is invested 30% in Stock A, 20% in Stock B, 40% in Stock C, and 10% in Stock D. The betas for these

A portfolio is invested 30% in Stock A, 20% in Stock B, 40% in Stock C, and 10% in Stock D. The betas for these 4 stocks are 1.45, 1.2, 1.25, and 0.95, respectively. What is the portfolio beta?

Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit any commas in your response. For example, an answer of 1,000.50 should be entered as 1000.50.

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