Assume the betas for securities A$,$ B$,$ and C are as shown here. $($Click on the icon located on the top$-$right corner of the

data table below in order to copy its contents into a spreadsheet.$)$

If you have a portfolio with $$20,000$ invested in each of Investment A$,$ B$,$ and C$,$ what is your portfolio beta? Using the

portfolio beta and assuming a risk$-$free rate of $5\%,$ what would you expect the return of your portfolio to be if the market

earned $21\mathrm{.}9\%$ next year? Declined $19\mathrm{.}6\%?$

The beta of your portfolio is $.($Round to three decimal places.$)$