What is the portfolio beta


Problem:

You own a stock portfolio invested 35 percent in Stock Q, 20 percent in Stock R, 30 percent in Stock S, and 15 percent in Stock T. The betas for these four stocks are 0.77, 1.15, 1.16, and 1.33, respectively.

Required:

Question: What is the portfolio beta?

Note: Show all workings.

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Finance Basics: What is the portfolio beta
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