Your portfolio consists of two securities. Total value of your portfolio is $120,000. In this

value Padma oil consists of $75,000. Calculate the beta of the individual stocks and also

calculate the beta of the portfolio from the following information. Comment on which

stock is riskier compare to each other as well as market.

State of economy Padma Oil Jamuna Oil Market

Depression 3% 5% 4%

Recession 6% 14% 11%

Normal 10% 25% 20%

Boom 12% 31% 21%

Burst 16% 35% 27%