Question: The Balanced, Inc., has three different product lines. Its least risky product line has a beta of 1.7, while its middle-risk product line has a

The Balanced, Inc., has three different product lines. Its least risky product line has a beta of 1.7, while its middle-risk product line has a beta of 1.8, and its most risky product line has a beta of 2.1. The market value of the assets invested in these lines is $1 billion for the least risky line, $3 billion for the middle-risk line, and $7 billion for the riskiest product line. What is the beta of the assets of The Balanced, Inc.?

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