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A portfolio comprises Coke (beta of1.5) and Wal-Mart (beta of 0.9). The amount invested in Coke is $20,000 and in Wal-Mart is $30,000. What is
A portfolio comprises Coke (beta of1.5) and Wal-Mart (beta of 0.9). The amount invested in Coke is $20,000 and in Wal-Mart is $30,000. What is the beta of the portfolio?
A. 1.31
B.1.48
C. 1.37
D. 1.14
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