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Your portfolio is comprised of 3 0 percent of Stock X , 2 0 percent of Stock Y , and 5 0 percent of Stock

Your portfolio is comprised of 30 percent of Stock X,20 percent of Stock Y, and 50 percent of Stock Z. Stock X has a beta of 1.12, Stock Y has a beta of 0.87, and Stock Z has a beta of 1.35. What is the beta of your portfolio?Your portfolio is comprised of 30 percent of Stock X,20 percent of Stock Y, and 50 percent of Stock Z. Stock X has a beta of 1.12, Stock Y has a beta of 0.87, and Stock Z has a beta of 1.35. What is the beta of your portfolio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.)

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