Assignment:
You would like to compute the beta of your portfolio. Your portfolio currently consists of 4 stocks plus $2,200 of T-Bills.
You own $3,000 of stock ABC, which has a beta of 1.2, $2,200 of stock DEF with a beta of 0.8, $1,800 of stock GHI with a beta of 1 and you own for $5,100 of your favorite stock, JKL, which has a beta of 1.4. What is the beta of your portfolio (rounded to 2 decimal places)?