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Beta of a portfolio. The beta of four stocks --P, Q, R, and S --are 0.44, 0.73, 1.24, and 1.31, respectively. What is the beta

Beta of a portfolio.

The beta of four stocks --P, Q, R, and S --are 0.44, 0.73, 1.24, and 1.31, respectively. What is the beta of a portfolio with the following weights in each asset?

Weight in Stock P Weight in Stock Q Weight in Stock R Weight in Stock S Portfolio 1 25% 25% 25% 25% Portfolio 2 30% 40% 20% 10% Portfolio 3 10% 20% 40% 30%

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