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Jim Angel holds a $200,000 portfolio consisting of the following stocks: Stock Investment Beta A $50,000 0.95 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 | 0.95 |
| B | $50,000 | 0.80 |
| C | $50,000 | 1.00 |
| D | $50,000 | 1.20 |
| Total | $200,000 |
|
What is the portfolio's beta?
| a. | 0.94 |
| b. | 0.99 |
| c. | 1.05 |
| d. | 1.09 |
| e. | 1.14 |
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