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You own a stock portfolio invested 30 percent in Stock Q, 35 percent in Stock R, 10 percent in Stock S, and 25 percent in

You own a stock portfolio invested 30 percent in Stock Q, 35 percent in Stock R, 10 percent in Stock S, and 25 percent in Stock T. The betas for these four stocks are 1.8, 0.5, 1.5, and 0.8, respectively. What is the portfolio beta? (Do not round intermediate calculations. Round your answer to 3 decimal places.)

You own 500 shares of Stock A at a price of $65 per share, 597 shares of Stock B at $82 per share, and 550 shares of Stock C at $34 per sharer. The betas for the stocks are 1.5, 1.3, and 0.6, respectively. What is the beta of your portfolio? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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