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QUESTION 11 Jim Angel holds a $500,000 portfolio consisting of the following stocks: Stock Investment Beta A $175,000 1.50 B $150,000 0.80 C $50,000 1.10

QUESTION 11

Jim Angel holds a $500,000 portfolio consisting of the following stocks:

Stock

Investment

Beta

A

$175,000

1.50

B

$150,000

0.80

C

$50,000

1.10

D

$125,000

0.75

Total

$500,000

Please show work on how you got answer What is the portfolio's beta? Do not round your intermediate calculations.

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