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

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You own a stock portfolio invested 35 percent in Stock Q, 25 percent in Stock R, 30 percent in Stock S, and 10 percent in Stock T. The betas for these four stocks are 84 1.17, 1.11, and 1.36, respectively. What is the portfolio beta? (Round your answer to 2 decimal places. (e.g., 32.16)) Portfolio beta 1.06

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