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11. Jill Angel holds a $150,000 portfolio consisting of the following stocks. Stock Investment $ 40,000 50,000 60,000 $150,000 Beta A 0.50 0.80 B 1.00

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11. Jill Angel holds a $150,000 portfolio consisting of the following stocks. Stock Investment $ 40,000 50,000 60,000 $150,000 Beta A 0.50 0.80 B 1.00 Total what is the portfolio's beta? a. 0.8 b. 0.9 c. 1.0 d. 1.1 e. 1.2

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