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Stock A has a beta of 1.2, Stock Bs beta is 1.46, Stock Cs beta is .72, Stock D's beta is .53, and Stock E's
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Stock A has a beta of 1.2, Stock Bs beta is 1.46, Stock Cs beta is .72, Stock D's beta is .53, and Stock E's beta is 1.74. If you invest $5,000 in Stock A, $6,000 in Stock B, $2,000 in Stock C, $3000 in Stock D, and $4000 in Stock E, what will be the beta of your portfolio?
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A. 1.114
B. 1.178
C. 1.346
D. 1.042
E. 1.238
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