Can someone explain this?? the Wj formulas to get that number and the number 57.745 under the table as well

-Quiz 3 CH 10-11 - PREP. IN CLASS v2.xlsx - Excel Developer Kotax PDF Telline what you want to de... Data Review View L'Homme, Jan Share Autosum - 4 General File Home Insert Page Layout Formulas * Cut Arial - 1DA A De Copy TE BIU Format Painter Chiguard 5 Fone erWrap Test 13 EE Merge & Center - $ % & - Insert Delete Format 68 Conditional Format as Cell Formatting Table Styles Styles Fill- Clear Sort & Finde Filter - Select Editing Bligen Numbes Calls K24 -SUMIK19:K22) A B B D E F G H 1 J L M N 0 R 'S T T U 116 Systematic Risk and Beta Portfolio Betas What is the beta of the following portfolio? Portfolio Beta Stock w X Y Z Value Beta 23 700 0.82 12.250 1.1 5.545 165 16.250 0 Bp = Weighted average of the Betas of the assets in the portfolio Weights (w)=% of portfolio invested in assetj Stock w x Y 2 1 2 2 3 4 5 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 42 Value 23.700 12.250 5.545 16 250 Beta 082 1.1 1.65 0 w WB 0410425 0336549 0 21214 0.233354 0.096026 0.158442 0 28141 0 B. = WB , = 57 745 fp = 0.728344 11 CHIO I +1 CH101 3 CHIO CH104 #2 AAR-SD CHIO 5 #1 GARCHI 1+1 CHI 1 CH2 CHI1 21 | CH11.6 #2 CH11.72 CH117 CHIT