You have an investment that consists of 3 stocks. Stock 1 is worth $20,000 with a beta of 0.95. Stock 2 is worth $7,000 and has a beta of 1.1. Stock 3 is worth $15,000 and has a beta of 1.4. What is the portfolio beta?
a. 1.015
b. 0.996
c. 1.136
d. 1.203
What is the portfolio standard deviation if the Market Standard Deviation (σM) is 20%?
a. 22.7%
b. 21.3%
c. 23.1%
d. 20.7%