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You have a $100,000 portfolio consisting of Tesla, Boeing, JPMorgan Chase, and Lululemon Athletica. You put 12% in Tesla, 23% in Boeing, 34% in JPMorgan,

You have a $100,000 portfolio consisting of Tesla, Boeing, JPMorgan Chase, and Lululemon Athletica. You put 12% in Tesla, 23% in Boeing, 34% in JPMorgan, and the rest in Lululemon. Tesla, Boeing, JP morgan, and Lululemon have betas of -0.25, 1.43, 1.08, and 1.24 respectively. What is your portfolio beta?

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