You have a $100,000 portfolio consisting of Apple, Berkshire Hathaway, and Amazon.com. You put $35,000 in Apple, $28,000 in Berkshire Hathaway, and the rest in Amazon.com. Apple, Berkshire, and Amazon have betas of 1.06, 0.29, and 1.27, respectively. What is your portfolio’s beta? Note that beta is usually calculated as a number not a percentage. Enter your answer rounded to two decimal places. For example, if your answer is 12.345 then enter as 12.35 in the answer box.
