Question

Ellen has three stocks in her portfolio. She owns 200 shares of Stock A, currently selling...

Ellen has three stocks in her portfolio. She owns 200 shares of Stock A, currently selling at $28.00 per share, 150 shares of Stock B, priced at $56.00 per share, and 75 shares of Stock C, which is worth $36.00 per share. If the betas of the three stocks are as follows, what is Ellen’s portfolio beta? ______________ Beta Stock A 1.38 Stock B .96 Stock C 1.19

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