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Problem 10-22 Portfolio Beta (LG10-3) You own $25,080 of Human Genome stock that has an assumed beta of 3.72. You also own $13,376 of Frozen

Problem 10-22 Portfolio Beta (LG10-3)

You own $25,080 of Human Genome stock that has an assumed beta of 3.72. You also own $13,376 of Frozen Food Express (assumed beta = 1.87) and $3,344 of Molecular Devices (assumed beta = 0.46).

What is the beta of your portfolio? (Do not round intermediate calculations and round your answer to 2 decimal places.)

Portfolio beta

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