Andrew Has the Following Portfolio of Assets What Is the Beta of Andrew's Portfolio?
A) 0

Multiple Choice

Andrew has the following portfolio of assets. $$\begin{array} { l c l } & \text { Proportion of } & \\\text { Stock } & \text { Portfolio } & \text { Beta } \\\hline \text { ABC } & \$ 8.000 & 1.10 \\\text { DEF } & \$ 11,000 & .95 \\\text { GHI } & \$ 6,000 & 1.05 \\\hline\end{array}$$ What is the beta of Andrew's portfolio?

A) 0.98
B) 1.00
C) 1.02
D) 1.03