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Problem 1 0 - 1 2 Portfolio Beta ( LG 1 0 - 3 ) You own $ 1 0 , 4 6 1 of

Problem 10-12 Portfolio Beta (LG10-3)
You own $10,461 of Olympic Steel stock that has a beta of 2.97. You also own $16,167 of Rent-a-Center (beta =1.56)
and $20,922 of Lincoln Educational (beta =0.95).
What is the beta of your portfollo?
Note: Round your answer to 2 decimal places.
Portfolio beta
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