You own 400 shares of stock a at a price of 70 per share, Financial Management

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You own 400 shares of stock a at a price of 70 per share

You own 400 shares of Stock A at a price of $70 per share, 450 shares of Stock B at $85 per share, and 850 shares of Stock C at $31 per share. The betas for the stocks are 0.8, 1.6, and 0.6, respectively. What is the beta of your portfolio? (Round your answer to 4 decimal places.)

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Financial Management: You own 400 shares of stock a at a price of 70 per share

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