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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 0.63, 0.53, 0.99, and 0.77, respectively. What is the portfolio beta?

multiple choice:

  • 0.74

  • 0.72

  • 0.69

  • 0.7

  • 0.67

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