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Q4. Chapters 9-12 Tom O'Brien has a 2-stock portfolio with a total value of $100,000. $55,000 is invested in Stock A with a beta of
Q4. Chapters 9-12
Tom O'Brien has a 2-stock portfolio with a total value of $100,000. $55,000 is invested in Stock A with a beta of 0.75 and the remainder is invested in Stock B with a beta of 1.42. What is his portfolio's beta? Do not round your intermediate calculations. Round your final answer to 2 decimal places.
Group of answer choices
*0.87
*1.05
*1.01
*1.22
*1.19
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