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A portfolio comprises Coke(beta of 1.2) andWal-Mart (beta of 0.8). The amount invested in Coke is$20,000 and inWal-Mart is$30,000. What is the beta of theportfolio?
A portfolio comprises Coke(beta of 1.2) andWal-Mart (beta of 0.8). The amount invested in Coke is$20,000 and inWal-Mart is$30,000. What is the beta of theportfolio?
A.
1.1
B.
1.25
C.
0.96
D.
1.15
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