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Consider the following historic information on the market, the risk-free rate (T-Bills) and two mutual funds, Templeton and Fidelity. Templeton Fidelity Market T-Bills Average Return
Consider the following historic information on the market, the risk-free rate (T-Bills) and two mutual funds, Templeton and Fidelity.
Templeton | Fidelity | Market | T-Bills |
| |
Average Return | 9.75% | 5.09% | 9.08% | 2.50% | |
Beta | 1.30 | 0.50 | 1 | 0 |
If you had invested 65.38 % of your wealth in Fidelity and the remainder in Templeton, then what was your portfolio's beta?
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