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A portfolio comprises Coke (beta of 1.1) and Wal-Mart (beta of 0.5). The amount invested in Coke is $20,000 and in Wal-Mart is $30,000. What
A portfolio comprises Coke (beta of
1.1)
and Wal-Mart (beta of
0.5).
The amount invested in Coke is $20,000 and in Wal-Mart is $30,000. What is the beta of the portfolio?
A.
0.74
B.
0.85
C.
0.96
D.
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