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Question 5 Portfolio Beta [2 points]: Mike Flannery holds the following portfolio: Stock Investment Beta A $150,000 1.40 B 50,000 0.80 C 100,000 1.00 D

Question 5 Portfolio Beta [2 points]: Mike Flannery holds the following portfolio:

Stock Investment Beta

A $150,000 1.40

B 50,000 0.80

C 100,000 1.00

D 75,000 1.20

$375,000

What is the portfolio's beta?

PLEASE SHOW ALL WORK :)

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