Question
In a market, shares in the companies Fnkl AB, Socker AB and ttika AB are traded. Since you have noticed an increased interest in fennel
In a market, shares in the companies Fnkl AB, Socker AB and ttika AB are traded. Since you have noticed an increased interest in fennel in the classic 1-2-3 team, you think it should be a good idea to invest in a portfolio that contains the three shares. Fnkl AB has a beta value of 1.40, Socker AB has a beta value of 0.67 and ttika AB has a beta value of 1.13. What beta value does a portfolio containing the three shares have if Fnkl AB has a weight of 0.34, Socker AB has a weight of 0.33 and ttika AB has a weight of 0.33? Round your answer to two decimal places.
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