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9. PLEASE ANSWER ASAP CORRECTLY Matthew Dukes has $200,000 invested in a 2-stock portfolio. $155,000 is invested in Stock X and the remainder is invested

9. PLEASE ANSWER ASAP CORRECTLY

Matthew Dukes has $200,000 invested in a 2-stock portfolio. $155,000 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? Do not round your intermediate calculations. Round the final answer to 2 decimal places.

a. 0.66
b. 1.10
c. 1.32
d. 0.38
e. 1.01

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