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The beta of four stocks----P, Q, R, and S----are 0.59, 0.79, 1.07, and 1.41, respectively. What is the beta of a portfolio with the following

The beta of four stocks----P, Q, R, and S----are 0.59, 0.79, 1.07, and 1.41, respectively. What is the beta of a portfolio with the following weights in each asset?

Weight in Stock P Weight in Stock Q Weight in Stock R Weight in Stock S

Portfolio 1 25% 25% 25% 25%

Portfolio 2 30% 40% 20% 10%

Portfolio 3 10% 20% 40% 30%

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