Question: Question 2 1 pts (Ref. Unit 9 Exercise 1) Consider two stocks: A and B. The beta of Stock A is 2.0. The beta

Question 2 1 pts (Ref. Unit 9 Exercise 1) Consider two stocks:

Question 2 1 pts (Ref. Unit 9 Exercise 1) Consider two stocks: A and B. The beta of Stock A is 2.0. The beta of Stock B is 1.2. What is the beta of a portfolio investing 70% in Stock A and the rest in Stock B? Note: Write your answer with 2 or more decimal places (do not round).

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