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A firm is investing in 4 projects: A B C and D. It invests $20,000 in A, $40,000 in B. $30,000 in C and $60,000

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A firm is investing in 4 projects: A B C and D. It invests $20,000 in A, $40,000 in B. $30,000 in C and $60,000 in D. The beta for project A, B, C and D is 1.2, 1.4, 1 and 1.5 respectively. How much is the firm's beta? 1.3 1

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