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Portfolio Beta You own $1,800 of City Steel stock that has a beta of 1.65. You also own $6,500 of Rent-N-Co (beta = 1.95) and

Portfolio Beta You own $1,800 of City Steel stock that has a beta of 1.65. You also own $6,500 of Rent-N-Co (beta = 1.95) and $5,500 of Lincoln Corporation (beta = 1.05). What is the beta of your portfolio (closest to)?

4.65

1.00

1.55

3.38

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