Calculate portfolios beta
Question: Tom Skinner has 45,000 dollar invested in a stock with a beta of 0.8 and another $55,000 invested in a stock with a beta of 1.4. These are the only investments in portfolio. Calculate portfolio's beta?
[A] 1.03
[B] 1.08
[C] 0.93
[D] 0.98
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Tom Skinner has 45,000 dollar invested in a stock with a beta of 0.8 and another $55,000 invested in a stock with a beta of 1.4. These are the only investments in portfolio.
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