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An individual has $50,000 invested in a stock with a beta of 1.1 and another $30,000 invested in a stock with a beta of 2.0.
An individual has $50,000 invested in a stock with a beta of 1.1 and another $30,000 invested in a stock with a beta of 2.0. If these are the only two investments in her portfolio, what is her portfolio beta?
a. | 1.55 | |
b. | 7.09 | |
c. | 1.80 | |
d. | 1.66 | |
e. | 1.44 |
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