You own 500 shares of stock a at a price of 85 per share, Finance Basics

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You own 500 shares of stock a at a price of 85 per share

Question: You own 500 shares of Stock A at a price of $85 per share, 300 shares of Stock B at $105 per share, and 800 shares of Stock C at $38 per share. The betas for the stocks are 1.2, 1.5, and .7, respectively. What is the beta of your portfolio?(Do not round intermediate calculations. Round your answer to 2 decimal places.)

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Finance Basics: You own 500 shares of stock a at a price of 85 per share

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Finance Basics: You own 500 shares of stock a at a price of 85 per share

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