The beta of four

stocksG,

H, I, and

Jare 0.42, 0.88,1.19,

and 1.52,

respectively. What is the beta of a portfolio with the following weights in each asset:

	Weight in Stock G		Weight in Stock H		Weight in Stock I		Weight in Stock J
Portfolio 1	25%		25%		25%		25%
Portfolio 2	30%		40%		20%		10%
Portfolio 3	10%		20%		40%		30%

What is the beta of portfolio 1?