Solved: What is the portfolios beta do not round your intermediate, Basic Statistics

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What is the portfolios beta do not round your intermediate

Please help with the following question.

1) Bill Dukes has $100,000 invested in a 2-stock portfolio. $62,500 is invested in Stock X and the remainder is invested in Stock Y. X's beta is 1.50 and Y's beta is 0.70. What is the portfolio's beta? Do not round your intermediate calculations. Round the final answer to 2 decimal places.

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Basic Statistics: What is the portfolios beta do not round your intermediate

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Basic Statistics: What is the portfolios beta do not round your intermediate

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