Mike Flannery holds the following portfolio:

$\backslash$table$[[$Stock$,$Investment,Beta$],[$A$,$$$150,000,1\mathrm{.}40],[$B$,$$$10,000,0\mathrm{.}80],[$C$,$$$140,000,1\mathrm{.}00],[$D$,$$$75,000,1\mathrm{.}20]]$

What is the portfolio's beta? The beta of a portfolio is equal to the weighted average of the Individual stocks' betas.Mike Flannery holds the following portfolio:

Stock

Investment

Beta

A

$$150,000$

$1\mathrm{.}40$

B

$$10,000$

$0\mathrm{.}80$

C

$$140,000$

$1\mathrm{.}00$

D

$$75,000$

$1\mathrm{.}20$

What is the portfolio's beta? The beta of a portfolio is equal to the weighted average of the Individual stocks' betas.