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A review of an alternative energy investment portfolio shows that the investor has $2,250,000 invested between three stocks. $1,250,000 was invested in a battery company,
A review of an alternative energy investment portfolio shows that the investor has $2,250,000 invested between three stocks. $1,250,000 was invested in a battery company, $300,000 was invested in a charging station company, and the rest was invested in a solar panel company. The battery company beta is 2.20, charging station company beta is 1.05, and the solar panel company beta is 0.70. What is the portfolio's beta? Do not round your intermediate calculations. Round the final answer to 2 decimal places.
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