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11. XYZ Fund has $150,000 invested in a 2-stock portfolio. $65,000 is invested in Stock X and the remainder is invested in Stock Y. X's

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11. XYZ Fund has $150,000 invested in a 2-stock portfolio. $65,000 is invested in Stock X and the remainder is invested in Stock Y. X's beta is 1.50 and Y's beta is 0.70. What is the portfolio's beta? * O a) 1.2 O b) 1.02 c) 1.046 O d) 1.46 e) None of the above

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