We have the following investments in our portfolio:
Investment Amount Expected Return Beta
A Stock $2,000 8% .80
B Stock $2,500 12% .95
C Stock $2,500 14% 1.20
D Stock $3,000 16% 1.50
What is the expected return on this portfolio? What is the beta of this portfolio? Does this portfolio have more or less systematic risk than an average asset? ( Hint look at similar example in book) Please show your calculations.