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Jordan Flannery holds the following portfolio: Stock Investment Beta A $225,000 1.40 B $15,000 0.80 C $190,000 1.00 D $70,000 1.20 Total $500,000 What is
Jordan Flannery holds the following portfolio:
Stock | Investment | Beta | ||
A | $225,000 | 1.40 | ||
B | $15,000 | 0.80 | ||
C | $190,000 | 1.00 | ||
D | $70,000 | 1.20 | ||
Total | $500,000 |
What is the portfolio's beta? Do not round your intermediate calculations.
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