Question

and click on the “Portfolio Beta” tab. You will see the stock ticker on 9 different stocks and will create the following 4-stock portfolio.

• Invest $40,000 in AAPL
• Invest $20,000 in WMT
• Invest $35,000 in AMD
• Invest $25,000 in URI

		Wealth
stock	Beta	Invested
FB	1.20
AAPL	1.17
WMT	0.31
MO	0.46
Yelp	1.47
Twitter	0.79
AMD	2.14
URI	2.27
Devon Energy	3.35
	total

Compute the Beta of this portfolio. Round to the second decimal place.

Answer 1