An investor has put money in four stocks in the dollar, Financial Management

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An investor has put money in four stocks in the dollar

An investor has put money in four stocks in the dollar amounts indicated and with betas specified. What is the portfolio beta? Stock A $3,988 with a beta of 0.98; stock B $6,716 with a beta of 1.14; stock C $5,458 with a beta of 1.14; and stock D $5,505 with a beta of 1.34. Show your answer rounded to two decimal points.

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Financial Management: An investor has put money in four stocks in the dollar

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