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Keith Johnson has $100,000 invested in a 2-stock portfolio.$30,000 is invested in Merck & Co. Inc. (MRK) and the remainder is invested in Hospital Corporation

Keith Johnson has $100,000 invested in a 2-stock portfolio.$30,000 is invested in Merck & Co. Inc. (MRK) and the remainder is invested in Hospital Corporation of America (HCA). MRK's beta is 0.76 and HCA's beta is 0.34.What is the portfolio's beta?

0.23

0.66

0.74

0.47

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