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You own a stock portfolio invested 30 percent in Stock Q, 15 percent in Stock R, 5 percent in Stock S, and 50 percent in

You own a stock portfolio invested 30 percent in Stock Q, 15 percent in Stock R, 5 percent in Stock S, and 50 percent in Stock T. The betas for these four stocks are 0.77, 1.58, 0.63, and 1.2, respectively. What is the portfolio beta?

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  • 1.15

  • 1.08

  • 1.12

  • 1.1

  • 1.04

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