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You have an investment portfolio that is worth $50,000. $10,000 is invested in stock A, and the remainder is invested in stock B. The variance

You have an investment portfolio that is worth $50,000. $10,000 is invested in stock A, and the remainder is invested in stock B. The variance of the market portfolio is 0.05, and the covariance of stock A with the market is 0.07. In addition, the beta of stock B is 0.9. What is the beta of your portfolio?

Select one: a. 0.86 b. 1 c. 0 d. 1 .3 e. -1

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