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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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