What is portfolio beta

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Adrien has a portfolio with three stocks. He owns 100 shares of stock A, which is currently priced at $44.00 per share, 155 shares of stock B, which currently sells for $56.00 per share, and 164 shares of stock C, which has a current price of $77.00 per share.

Adrien has computed the following betas for the individual stocks.

Stock A          1.25

Stock B          1.10

Stock C          .85

What is Adrien’s portfolio beta? _________________

Reference no: EM131361262

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