Suppose an investor wants to include Goodman Industries' stock in his or her portfolio. Stocks A, B, and C are currently in the portfolio, and their betas are 0.769, 0.985, and 1.423, respectively. Calculate the new portfolio's required return if it consists of 25% of Goodman, 15% of Stock A, 40% of Stock B, and 20% of Stock C. Beta Portfolio Weight Goodman 25% Stock A 0.769 15% Stock B 0.985 40% Stock C 1.423 20% 100% Portfolio Beta = Required return on portfolio: Risk-free rate + Market Risk Premium * * Beta