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Albertina Franich has a portfolio of 3 stocks. Xhe currently has 11.70% of ihr portfolio invested in (Fluor Corp.) in the Construction & Engineering sector,
Albertina Franich has a portfolio of 3 stocks. Xhe currently has 11.70% of ihr portfolio invested in (Fluor Corp.) in the Construction & Engineering sector, 17.70% in (Progressive Corp.) in the Property & Casualty Insurance sector, 70.60% in (Raytheon Co.) in the Aerospace & Defense sector. They have betas of 1.01, 2.48, 1.49 respectively, given that the market is expected to return 23.00% and the yield on a 10-year treasury is 3.70%what is the beta of the portfolio?
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