Question: Please show Excel or complete formula You own a stock portfolio invested 35 percent in Stock Q, 30 percent in Stock R, 20 percent in
Please show Excel or complete formula
You own a stock portfolio invested 35 percent in Stock Q, 30 percent in Stock R, 20 percent in Stock S, and 15 percent in Stock T. The betas for these four stocks are 92, 1.25, 1.09, and 1.27, respectively. What is the portfolio beta? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Portfolio beta
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