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You have a $100,000 portfolio consisting of Apple, Berkshire Hathaway, and Amazon.com. You put $35,000 in Apple, $26,000 in Berkshire Hathaway, and the rest in
You have a $100,000 portfolio consisting of Apple, Berkshire Hathaway, and Amazon.com. You put $35,000 in Apple, $26,000 in Berkshire Hathaway, and the rest in Amazon.com. Apple, Berkshire, and Amazon have betas of 1.22, 0.91, and 1.16, respectively. What is your portfolios beta? Note that the beta is shown as a number rather than a percentage. Enter your answer rounded to two decimal places. For example, if your answer is 123.45% or 1.2345 then enter as 1.23 in the answer box.
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