You own a stock portfolio invested 25 percent in stock q 20, Financial Management

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You own a stock portfolio invested 25 percent in stock q 20

You own a stock portfolio invested 25 percent in Stock Q, 20 percent in Stock R, 35 percent in Stock S, and 20 percent in Stock T. The betas for these four stocks are .90, 1.23, 1.07, and 1.25, respectively. What is the portfolio beta? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)

Portfolio beta

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Financial Management: You own a stock portfolio invested 25 percent in stock q 20

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Financial Management: You own a stock portfolio invested 25 percent in stock q 20

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