What Is the Beta of the Following Portfolio A) 112
B) 1

Multiple Choice

What is the beta of the following portfolio? $$\begin{array} { c l c } & \text { Amount } & \text { Security } \\\text { Stock } & \text { Invested } & \text { Beta } \\\text { A } & \$ 14,200 & 1.39 \\\text { B } & \$ 23,900 & .98 \\\text { C } & \$ 8,400 & 1.52\end{array}$$

A) 1.12
B) 1.01
C) 1.05
D) 1.20
E) 1.23