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Problem 12-6 Portfolio Betas (L04, CFA1) You own 400 shares of Stock A at a price of $45 per share, 250 shares of Stock B

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Problem 12-6 Portfolio Betas (L04, CFA1) You own 400 shares of Stock A at a price of $45 per share, 250 shares of Stock B at $70 per share, and 800 shares of Stock Cat $26 per share. The betas for the stocks are 0.7, 1.1, and 0.5, respectively. What is the beta of your portfolio? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Beta

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