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Mrs. Landis has a 2-stock portfolio with a total value of $550,000. $175,000 is invested in Stock A with a beta of 1.45 and the

Mrs. Landis has a 2-stock portfolio with a total value of $550,000. $175,000 is invested in Stock A with a beta of 1.45 and the remainder is invested in Stock B with a beta of 1.05. What is her portfolio's beta? Answer is either: a). 1.47 b). 1.19 c). 0.99 d). 1.18 e). 0.93

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