What is the portfolio beta


Problem:

You own a stock portfolio invested 35 percent in Stock Q, 20 percent in Stock R, 25 percent in Stock S, and 20 percent in Stock T. The betas for these four stocks are 0.94, 1.11, 1.12, and 1.29, respectively.

Requirement:

Question: What is the portfolio beta?

Note: Provide support for your underlying principle.

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Accounting Basics: What is the portfolio beta
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