Jim Angel holds a $200,000 portfolio consisting of the following stocks: Stock...

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Finance

Jim Angel holds a $200,000 portfolio consisting of the following stocks:

Stock Investment Beta
A $50,000 1.20
B $50,000 0.80
C $50,000 0.96
D $50,000 1.20
Total $200,000

What is the portfolio's beta? Do not round your intermediate calculations.

a. 0.809

b. 0.861

c. 1.040

d. 1.239

e. 1.050

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