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You decide to form a portfolio with the following amounts invested in the following stocks. What is the beta of the portfolio? Stock Amount Beta

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

Stock Amount Beta Expected Return
Bank of America $4,800 0.90 13.5%
General Motores $1,200 1.10 14.5%
JCPenney $3,000 1.25 15.8%
Seagate $3,000 1.60 18.1%

1.1825
1.2125
1.00
1.425
1.126

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