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You have a portfolio that consists of two stocks described below. What is the portfolio beta over the past year? (Round to the nearest hundedth.)

You have a portfolio that consists of two stocks described below. What is the portfolio beta over the past year? (Round to the nearest hundedth.)

You own 713 shares of stock A that you purchased one year ago at a price of $43. Today, stock A pays a dividend of $2.4 and the beta is 0.6.

You purchased $10k worth of stock B one year ago at a price of $49. Today, the price is 8% higher. The beta is 0.4

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