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Problem 12-5 Portfolio Betas (LO4, CFA2) You own a stock portfolio invested 25 percent in Stock Q, 35 percent in Stock R, 35 percent in

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Problem 12-5 Portfolio Betas (LO4, CFA2) You own a stock portfolio invested 25 percent in Stock Q, 35 percent in Stock R, 35 percent in Stock S, and 5 percent in Stock T. The betas for these four stocks are 1.6, 0.5, 1.7, and 0.8, respectively. What is the portfolio beta? (Do not round intermediate calculations. Round your answer to 3 decimal places.) Portfolio beta

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