Collette has four different stocks in her portfolio. She owns 79 shares of Stock A with a market price of $41.00, 137 shares of Stock B which is currently at $66.00 per share, 163 shares of Stock C which is listed at $87.00 per share, and 259 shares of Stock D, with a price of $75.00 per share. If the betas and returns for the four stocks are as follows, what is Collette ’s portfolio beta and portfolio return?
Beta Return
Stock A 1.1 5%
Stock B .95 3%
Stock C 1.75 10%
Stock D 1.36 8%