Megan Ross Holds the Following Portfolio What Is the Portfolio's Beta?
A)1

Multiple Choice

Megan Ross holds the following portfolio: $$\begin{array} { c r r } \text { Stock } & \text { Investment } & \text { Beta } \\\hline \text { A } & \$ 150,000 & 1.40 \\\text { B } & 50,000 & 0.80 \\\text { C } & 100,000 & 1.00 \\\text { D } & 75,000 & 1.20 \\\text { Total } & \underline{\$ 375,000} &\end{array}$$ What is the portfolio's beta?

A) 1.06
B) 1.17
C) 1.29
D) 1.42
E) 1.56