Imagine that you have $10,000 and you want to invest them in 3 stocks. Pick three stocks of your choice and invest the hypothetical $10,000 in those three stocks. Tell us the following:
1. The name of the three companies you invested in, with their ticker symbol.
2. How much of the $10,000 did you invest in each company (hypothetically of course)?
3. The beta of each stock, as well as your portfolio.
4. The beta of your overall portfolio.
5. What does the beta of your portfolio tell you about the "riskiness" of your portfolio?