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Hakeem Angel holds a $200,000 portfolio consisting of the following stocks: Stock Investment Beta A $50,000 1.20 B $50,000 1.60 C $50,000 0.70 D $50,000
Hakeem Angel holds a $200,000 portfolio consisting of the following stocks:
Stock | Investment | Beta | ||
A | $50,000 | 1.20 | ||
B | $50,000 | 1.60 | ||
C | $50,000 | 0.70 | ||
D | $50,000 | 1.10 | ||
Total | $200,000 |
What is the portfolio's beta? Do not round your intermediate calculations.
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