Calculate portfolio beta, which is composed of stocks A$,$ B$,$ C$,$ & D:

Stock A: portfolio weight $=15\%,$ beta $=1\mathrm{.}19$

Stock B: portfolio weight $=25\%,$ beta $=1\mathrm{.}14$

Stock C: portfolio weight $=10\%,$ beta $=1\mathrm{.}29$

Stock D: portfolio weight $=50\%,$ beta $=0\mathrm{.}69$

Multiple Choice

$0\mathrm{.}92$

$0\mathrm{.}89$

$0\mathrm{.}98$

$0\mathrm{.}96$

$0\mathrm{.}94$