Use these betas for the following set of questions:

Amazon: $1\mathrm{.}55$

ExxonMobile: $1\mathrm{.}14$

Coca$-$Cola: $0\mathrm{.}46$

Newmont: $0\mathrm{.}16$

There are $3$ answers needed here. Please show your work and provide answers A$,$ B$,$ and C$!$

A$.$ What is the beta of a portfolio that has $40\%$ invested in ExxonMobile and $60\%$ in Newmont? Use two decimal places.

$[$statementA$]$

B$.$ Would you invest in this portfolio if you had no superior information about the prospects for these stocks?

$[$statementB$]$

Something to think about. How would you Devise an alternate portfolio with the same expected return and less risk.

C$.$ Now repeat parts $($A$)$ and $($B$)$ above with a portfolio that has $40\%$ invested in Coca Cola and $60\%$ in Amazon.

What is the beta? Use $2$ decimal places. $[$statementC$1]$

Would you invest in this portfolio if you had no superior information about the prospects for these stocks? $[$statementC$2]$