Mrs. Landis has a 2-stock portfolio with a total value of $520,000.  $175,000 is invested in Stock A with a beta of 1.25 and the remainder is invested in Stock B with a beta of 1.25.  What is her portfolio's beta? Round your answer to two decimal places. For example, if your answer is $345.6671 round as 345.67 and if your answer is .05718 or 5.7182% round as 5.72. Group of answer choices 1.01 1.30 1.25 1.39 1.15

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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Mrs. Landis has a 2-stock portfolio with a total value of $520,000.  $175,000 is invested in Stock A with a beta of 1.25 and the remainder is invested in Stock B with a beta of 1.25.  What is her portfolio's beta?

Round your answer to two decimal places. For example, if your answer is $345.6671 round as 345.67 and if your answer is .05718 or 5.7182% round as 5.72.
Group of answer choices
1.01
1.30
1.25
1.39
1.15
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