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Jim Angel holds a $200,000 portfolio consisting of the following stocks: Stock Investment Beta A $50,000 1.80 B $50,000 0.80 C $50,000 1.00 D $50,000

Jim Angel holds a $200,000 portfolio consisting of the following stocks:

Stock Investment Beta

A $50,000 1.80

B $50,000 0.80

C $50,000 1.00

D $50,000 1.20

Total $200,000

What is the portfolio's beta? Do not round your intermediate calculations. Group of answer choices

1.428

1.320

0.960

1.308

1.200

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