Tom skinner has $45,000 invested in a stock with a beta of

in /by

Tom skinner has $45,000 invested in a stock with a beta of

Tom skinner has $45,000 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 two investments in his portfolio. what is his portfolio’s beta?
a. 1.03
b. 1.08
c. 0.93
d. 0.98
e. 1.13

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