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Mike Flannery holds the following portfolio: Stock Investment Beta A $150,000 1.40 B $75,000 0.80 C $75,000 1.00 D $75,000 1.20 Total $375,000 What is

Mike Flannery holds the following portfolio:

Stock Investment Beta A $150,000 1.40 B $75,000 0.80 C $75,000 1.00 D $75,000 1.20

Total $375,000

What is the portfolio's beta? a. 1.03 b. 1.26 c. 1.45

d. 1.02 e. 1.16

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