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Portfolio Beta You own $33,500 of City Steel stock that has a beta of 3.43. You also own $44,000 of Rent-N-Company (beta = 1.88) and

Portfolio Beta You own $33,500 of City Steel stock that has a beta of 3.43. You also own $44,000 of Rent-N-Company (beta = 1.88) and $21,800 of Lincoln Corporation (beta = -0.72). What is the beta of your portfolio? Multiple Choice O 4.64 1.00 4.59 1.83

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