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Tom O'Brien has a 2 -stock portfolio with a total value of $100,000.$65,000 is invested in Stock A with a beta of 0.75 and the

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Tom O'Brien has a 2 -stock portfolio with a total value of $100,000.$65,000 is invested in Stock A with a beta of 0.75 and the remainder is invested in Stock B with a beta of 1.42. What is his portfolio's beta? Do not round your intermediate calculations. Round your final answer to 2 decimal places. a. 0.94 b. 0.98 c. 1.15 d. 0.88 e. 0.90

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