Donald Gilmore has $100,000 invested in a 2-stock portfolio. $70,000 is invested in Stock X and the remainder is investe

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answerhappygod
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Donald Gilmore has $100,000 invested in a 2-stock portfolio. $70,000 is invested in Stock X and the remainder is investe

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Donald Gilmore has $100,000 invested in a 2-stock portfolio.
$70,000 is invested in Stock X and the remainder is invested in
Stock Y. X's beta is 1.50 and Y's beta is 0.70. What is the
portfolio's beta?
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