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Jim Angel holds a $200,000 portfolio consisting of the following stocks: Stock Investment Beta A $50,000 1.20 B $50,000 0.80 C $50,000 1.00 D $50,000
Jim Angel holds a $200,000 portfolio consisting of the following stocks:
Stock | Investment | Beta | ||
A | $50,000 | 1.20 | ||
B | $50,000 | 0.80 | ||
C | $50,000 | 1.00 | ||
D | $50,000 | 1.20 | ||
Total | $200,000 |
What is the portfolio's beta? Do not round your intermediate calculations.
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