You own 500 shares of stock a at a price of 50 per share, Financial Management

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You own 500 shares of stock a at a price of 50 per share

You own 500 shares of Stock A at a price of $50 per share, 325 shares of Stock B at $70 per share, and 700 shares of Stock C at $39 per share. The betas for the stocks are 1.1, 1.6, and .7, respectively. What is the beta of your portfolio? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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Financial Management: You own 500 shares of stock a at a price of 50 per share

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Financial Management: You own 500 shares of stock a at a price of 50 per share

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