Your investment club has only two stocks in its portfolio. $25,000 is invested in a stock with a beta of 0.8, and $40,000 is invested in a stock with a beta of 1.7. What is the portfolio's beta? Do not round intermediate calculations. Round your answer to two decimal places.

The portfolio beta is  

Step-by-step explanation:

From the question we are told that

      The  first investment is

       The  first  beta is  

      The second investment is  

       The  second  beta is  

Generally the portfolio beta is mathematically represented as

substituting values

she will most likely have 33  

step-by-step explanation:

the expression (1.26)2t reveals the approximate rate of increases in the number of plants semiannually.

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