Question
Question
13
Mike Flannery holds the following portfolio:
Stock Table 

Stock 
Investment 
Beta 
A 
$150,000 
1.40 
B 
50,000 
0.80 
C 
100,000 
1.00 
D 
75,000 
1.20 
Total 
$375,000 

What is the portfolio's beta?
Select one:
a. 1.17
b. 1.29
c. 1.06
d. 1.56
e. 1.42