Question $12$

$4$ pts

The beta of Stock A$,$ B$,$ and C are $1\mathrm{.}2,1\mathrm{.}5,$ and $1\mathrm{.}8$ respectively.

Find the beta of a portfolio with $20\%$ invested in Stock A$,30\%$ in Stock B$,$ and $50\%$ in Stock C$.$

$1\mathrm{.}8$

$1\mathrm{.}59$

$1\mathrm{.}5$

$1\mathrm{.}2$