Go to the linked spreadsheet and click on the Portfolio Beta tab. You will see the stock ticker on 9 different stocks and will create the following 4-stock portfolio.

• Invest $40,000 in AAPL
• Invest $20,000 in WMT
• Invest $35,000 in AMD
• Invest $25,000 in URI

Compute the Beta of this portfolio. Round to the second decimal place.

Wealth Invested stock FB AAPL WMT MO Yelp Twitter AMD URI Devon Energy Beta 1.20 1.17 0.31 0.46 1.47 0.79 2.14 2.27 3.35 total