If you hold a portfolio made up of the following stocks:

Investment Value Beta

Stock A $2,000 1.5

Stock B $3,500 1.3

Stock C $3,200 .8

What is the beta of the portfolio?

Select one:

a.

1.14

b.

1.16

c.

1.32

d.

Can't be determined from information given

e.

1.18