Your Portfolio Is Comprised of 36 Percent of Stock X

Multiple Choice

Your portfolio is comprised of 36 percent of Stock X, 18 percent of Stock Y, and 46 percent of Stock Z. Stock X has a beta of 1.19, Stock Y has a beta of .87, and Stock Z has a beta of 1.26. What is the beta of your portfolio?

A) 1.16
B) 1.09
C) 1.13
D) 1.18
E) 1.11