[Solution]U. Memphis COURSE FIR 3410 An individual has $15,000 invested in a stock with a beta of 0.3

22.Portfolio betaAn individual has $15,000 invested in a stock with a beta of 0.3 and another $80,000 invested in a stock with a beta of…

22.Portfolio betaAn individual has $15,000 invested in a stock with a beta of 0.3 and another $80,000 invested in a stock with a beta of 1.9. If these are the only two investments in her portfolio, what is her portfolio’s beta? Round your answer to two decimal places.

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