1. You own $19,023 of Human Genome stock that has an assumed beta of 3.84. You also own $11,563 of Frozen Food Express (assumed beta = 1.60) and $6,714 of Molecular Devices (assumed beta = 0.69). What is the beta of your portfolio? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
2. If you contribute $1500 into a vacation account at the end of every six months for four years and interest on the deposits is 4.26% compounded semi annually how much would the balance in the account be six years after the last contribution?