What Is The Beta Of The Following Portfolio?

(Correct Answer Below)

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What Is The Beta Of The Following Portfolio?

Stock/Amnt Invested/Beta A/$6700/1.58 B/$4900/1.23 C/$8500/0.79
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1.16 ValuePortfolio = $6,700 + $4,900 + $8,500 = $20,100 BetaPortfolio = ($6,700/$20,100 1.58) + ($4,900/$20,100 1.23) + ($8,500/$20,100 0.79) = 1.16

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