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Jim Angel holds a $200,000 portfolio consisting of the following stocks: Stock Investment Beta A $50,000 1.20 B $50,000 0.80 C. $50,000 1.00 D $50,000

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Jim Angel holds a $200,000 portfolio consisting of the following stocks: Stock Investment Beta A $50,000 1.20 B $50,000 0.80 C. $50,000 1.00 D $50,000 1.20 Total $200,000 What is the portfolio's beta? Round the final answer to 2 decimal places. Do not round your intermediate calculations

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