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Mike Flannery holds the following portfolio: Stock Investment Beta A $ 1 5 0 , 0 0 0 1 . 4 0 B $ 1

Mike Flannery holds the following portfolio:
Stock
Investment
Beta
A
$150,000
1.40
B
$12,500
0.80
C
$137,500
1.00
D
$75,000
1.20
Total
$375,000
What is the portfolio's beta? Do not round your intermediate calculations.
Group of answer choices
1.23
0.91

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