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You currently have 60% invested in Johnson and Johnson and the remainder invested in Paypal. Johnson and Johnson, Paypal, and the S&P 500 had the
You currently have 60% invested in Johnson and Johnson and the remainder invested in Paypal. Johnson and Johnson, Paypal, and the S&P 500 had the following realized returns: What is the beta of this portfolio? Your answer should be rounded to the nearest hundredth and entered as a numeric value. (Rounding Examples: 1.004 would be rounded to 1.00; 1.005 would be rounded to 1.01)
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