Determine the Beta of a Portfolio Consisting of Equal Investments

Multiple Choice

Determine the beta of a portfolio consisting of equal investments in the following common stocks: $\begin{array}{ll}\text { Security } & \text { Beta } \\\text { Apple Computer } & 1.15 \\\text { Coca-Cola } & 1.05 \\\text { Harley-Davidson } & 1.50 \\\text { Homestake Mining } & 0.50\end{array}$

A) 1.05
B) 1.00
C) 1.10
D) 0.95