Mike Flannery holds the following portfolio: Stock Investment Beta A $150,000 1.40 B $10,000 0.80 C $140,000 1.00 D $75,000 1.20 Total $375,000 What is the portfolio's beta? Do not round your intermediate calculations.
A. 1.19
B. 1.36
C. 1.30
D. 1.47
E. 1.45
Answer: A
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