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Spielberg builds a portfolio by investing in two stocks only: Samsung (SMSN) and Nokia (NOK). According to the CAPM, the expected risk premium (i.e., the

Spielberg builds a portfolio by investing in two stocks only: Samsung (SMSN) and Nokia (NOK). According to the CAPM, the expected risk premium (i.e., the expected return minus the risk-free rate) of SMSN is 11.46% and the expected risk premium of NOK is 6.94%. The beta of SMSN is equal to 1.41. If Spielberg puts 75% of his money in SMSN stock and 25% in NOK stock, what is the approximate beta of his portfolio

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