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You have a 3-stock portfolio with a total value of $100,000. Of the total value, $25,000 is invested in Stock A with a beta of
You have a 3-stock portfolio with a total value of $100,000. Of the total value, $25,000 is invested in Stock A with a beta of 0.75, $35,000 invested in Stock B with a beta of 1.00, and $40,000 is invested in stock C with a beta of 0.40. What is your portfolio's beta? Do not round your intermediate calculations. Round your final answer to two decimal places.
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