You have invested in 4 stocks x y z and fred each stocks
You have invested in 4 stocks: X, Y, Z, and Fred. Each stock's beta and the dollars you invested in each are given below. What is the beta of this 4-stock portfolio?
Company
Beta $ Invested
X 1.1 $10,000Y 1.2 $30,000Z 0.8 $20,000Fred 0.9 $40,000
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