Mike Flannery Holds the Following Portfolio What Is the Portfolio's Beta? Do Not Round Your Intermediate

Multiple Choice

Mike Flannery holds the following portfolio: $\begin{array}{lrr}\text { Stock }&\text { Investment }&\text { Beta }\\A & \$ 150,000 & 1.40 \\\mathrm{~B} & \$ 10,000 & 0.80 \\\mathrm{C} & \$ 140,000 & 1.00 \\\mathrm{D} & \$ 75,000 & 1.20\\\text { Total }&\$375,000\end{array}$
What is the portfolio's beta? Do not round your intermediate calculations.

A) 1.19
B) 1.36
C) 1.30
D) 1.47
E) 1.45