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I know the answer is 2.77 but I am having a very hard time getting there. Please show work 2. 317559 Consider the following information

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I know the answer is 2.77 but I am having a very hard time getting there. Please show work

2. 317559 Consider the following information for Caleb Hardin's 3-stock portfolio. If the return on the market is currently 16 percent, the nominal risk-free rate is 1.5 percent, and the required rate of return for this portfolio is 24.5 percent, what is the beta for Stock Zi Stock Investment Beta X $65,000 1.9 Y 80,000 0.96 25,000 ? 24.5 = N

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