Considerthe followingportfolio comprised of two securities in the following proportions and with the indicated security beta. What is the portfolio's beta?

Security

Amount invested

Beta

Expected Return

A

$21 million

0.6

9.0%

B

$29 million

1.2

12.0%

Select one:

a.1.80

b.1.50

c.0.95

d.0.85