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Consider the following covariance matrix for Securities J, K, and the Market: Covariance Security] Security K Market Security) 0.016384000 0.017633280 0.001290240 Security K 0.017633280 0.026896000

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Consider the following covariance matrix for Securities J, K, and the Market: Covariance Security] Security K Market Security) 0.016384000 0.017633280 0.001290240 Security K 0.017633280 0.026896000 0.001180800 Market 0.001290240 0.001180800 0.000576000 You wish to construct a portfolio with 30% in Security and 70% in Security K. Calculate a ratio of the beta of that portfolio divided by the standard deviation of that portfolio. Answer in "XX.XX" format

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