CFP® Practice Question of the Week: Financial Planning
A client has a $1,200,000 portfolio consisting of the following four stocks:
- $300,000 ABC @ 1.1 beta
- $225,000 RTR @ 0.7 beta
- $405,000 XYZ @ 0.3 beta
- $270,000 PDQ @ 1.3 beta
What is the beta of the portfolio as a whole?
- 0.8
- 0.85
- 0.91
- 1.0