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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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