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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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