Calculation and Explanationplease

8. What is the beta of a portfolio consisting of $2,000 cash, $5,000 invested in a stock with a beta of 1.6, and $3,000 invested in a well-diversified portfolio? A) B) C) D) E) 0.767 0.867 1.100 1.375 1.600

8. What is the beta of a portfolio consisting of $2,000 cash, $5,000 invested in a stock with a beta of 1.6, and $3,000 invested in a well-diversified portfolio? A) 0.767 B) 0.867 C) 1.100 D) 1.375 E) 1.600