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Tumelo is planning to invest in 3 companies: Altron Ltd., Brikor Ltd. and Finbond Group Ltd. The current market status of these stocks are given

Tumelo is planning to invest in 3 companies: Altron Ltd., Brikor Ltd. and Finbond Group Ltd. The current market status of these stocks are given below:

Name of the stock Investment Value (R) Average annual Return Beta factor
Altron Ltd 4000 15% 1.6
Brikor Ltd 3000 12% 1.2
Finbond Group Ltd 3000 11% 0.9

2. Calculate the portfolio return and portfolio beta. (8 marks

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