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An investor plans to invest funds in the following stocks: Stock Beta Amount Invested A 1.38 $1,836.00 B 1.23 $2,860.00 C 0.72 $1,498.00 The risk-free
An investor plans to invest funds in the following stocks:
Stock | Beta | Amount Invested |
---|---|---|
A | 1.38 | $1,836.00 |
B | 1.23 | $2,860.00 |
C | 0.72 | $1,498.00 |
The risk-free rate is currently 4.00%, while the market risk premium is 7.00%.
What is the beta of this portfolio?
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