Answer:
1.1675
Explanation:
The computation of the portfolio beta is shown below:
= Stock Amerigas portfolio percentage × stock Amerigas beta + Stock Atlantic Industries portfolio percentage × stock Atlantic Industries beta + Stock TGIS Restaurants portfolio percentage × stock TGIS Restaurants beta
= 0.10 × 0.75 + 0.55 × 1 + 0.35 × 1.55
= 0.075 + 0.55 + 0.5425
= 1.1675
We simply multiplied the portfolio percentage with its beta
