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NRG Energy is a multi-divisional utility company. NRG Energy has four divisions with the following betas and proportions of the firm's total assets: Division Beta

NRG Energy is a multi-divisional utility company. NRG Energy has four divisions with the following betas and proportions of the firm's total assets: Division Beta % of Assets Electric & Gas 1.48 25 Bus transportation 1.10 30 Real estate 5.24 25 Recreation 4.80 20 What is the firm's weighted average beta? 2.720 3.155 3.660 2.970

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