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Question 14. 14. SCAN is a multi-divisional utility company. SCAN has four divisions with the following betas and proportions of the firm's total assets: Division

Question 14.14. SCAN is a multi-divisional utility company. SCAN has four divisions with the following betas and proportions of the firm's total assets: Division Beta % of Assets Electric & Gas 1.35 15 Bus transportation 0.76 36 Real estate 2.15 24 Recreation 1.02 25 What is the firm's weighted average beta? (Points : 3.4)

1.37 1.41 1.09 1.25

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