You own a stock portfolio invested $25$ percent in Stock Q$,20$ percent in Stock R$,35$

percent in Stock S$,$ and $20$ percent in Stock T$.$ The betas for these four stocks are $\mathrm{.}90,$

$1\mathrm{.}23,1\mathrm{.}07,$ and $1\mathrm{.}25,$ respectively. What is the portfolio beta? $($Do not round intermediate

calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

Portfolio betaYou own a stock portfolio invested $25$ percent in Stock Q$,20$ percent in Stock R$,35$ percent in Stock S$,$ and $20$ percent in Stock T$.$ The betas for these four stocks are $\mathrm{.}90,1\mathrm{.}23,1\mathrm{.}07,$ and $1\mathrm{.}25,$ respectively. What is the portfolio beta?