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You own $15,000 of City Steel stock that has a beta of 3.25. You also own $35,000 of Rent-N-Co (beta = 1.70) and $20,000 of

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You own $15,000 of City Steel stock that has a beta of 3.25. You also own $35,000 of Rent-N-Co (beta = 1.70) and $20,000 of Lincoln Corporation (beta = -9.0). What is the beta of your portfolio? 4.97 1.29 1.00 4.05

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