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Suppose you invest $3200 in CVS Healthcorp (CVS), which has a beta of 0.61, and you invest another $6800 into Fedex Corp (FDX), which has

Suppose you invest $3200 in CVS Healthcorp (CVS), which has a beta of 0.61, and you invest another $6800 into Fedex Corp (FDX), which has a beta of 1.51. If that is your entire portfolio, what is the portfolio s beta?

0.9

1.222

None of these

1.06

2.12

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