An investor has the following portfolio: Company Shares owned Price per share Beta Expected return JNJ 320 $43 1.05 7.20% CAT 175 $75 1.1 7.40% GE 250 $67 0.74 5.96% IBM 175 $97 0.98 6.92% What is the beta of the portfolio?

Tl & co. is following a related-linked diversification strategy, and soar inc. is following a related-constrained diversification strategy. how do the two firms differ from each other? a. soar inc. generates 70 percent of its revenues from its primary business, while tl & co. generates only 10 percent of its revenues from its primary business. b. soar inc. pursues a backward diversification strategy, while tl & co. pursues a forward diversification strategy. c. tl & co. will share fewer common competencies and resources between its various businesses when compared to soar inc. d. tl & co. pursues a differentiation strategy, and soar inc. pursues a cost-leadership strategy, to gain a competitive advantage.