You are considering to form a portfolio that includes stock ABC, stock DEF, and stock...

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Finance

You are considering to form a portfolio that includes stock ABC, stock DEF, and stock XYZ. To conduct the relevant analyses, you collect the following information for stock ABC, DEF and XYZ in the table below.

Stock Investment Weight Expected Return Beta
ABC 15% 8% 0.67
DEF 45% 12.5% 1.78
XYZ 40% 10% 0.96

What is the beta for your portfolio?

Please round your answer to the second decimal. For example, 0.12.

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