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You decide to form a portfolio of the following amounts invested in the following stocks. What is the beta of the portfolio? SET YOUR CALCULATOR

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You decide to form a portfolio of the following amounts invested in the following stocks. What is the beta of the portfolio? SET YOUR CALCULATOR TO 4 DECIMAL PLACES THEN INPUT THE NUMBER ROUNDING TO 2 DECIMALS i.e. if your answer is 1.2455, enter it as 1.25 ONLY Stock Amount Beta Apple $1,000 0.85 Microsoft $7,000 1.14 Ford $4,000 2.07 Time $8,000 0.84 Warner Expected Return 10.50% 16.90% 15.75% 11.80%

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