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Portfolio BetaYou own $27,000 of City Steel stock that has a beta of 3.37. You also own $41,000 of Rent-N-Co (beta = 1.82) and $21,200

Portfolio BetaYou own $27,000 of City Steel stock that has a beta of 3.37. You also own $41,000 of Rent-N-Co (beta = 1.82) and $21,200 of Lincoln Corporation (beta = -.78). What is the beta of your portfolio? 1.00 1.67 4.41 4.78

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