The betas for these four stocks are 15 06 13 and 05, Financial Management

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The betas for these four stocks are 15 06 13 and 05

You own a stock portfolio invested 6 percent in Stock Q, 28 percent in Stock R, 48 percent in Stock S, and the rest in Stock T. The betas for these four stocks are 1.5, 0.6, 1.3, and 0.5, respectively. What is the portfolio beta? (Do not round intermediate calculations. Round your answer to 3 decimal places.)

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Financial Management: The betas for these four stocks are 15 06 13 and 05

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