Jim Angel holds a $200,000 portfolio consisting of the following stocks: $\begin{array}{lll}\text { Stock }&\text { Investment }&\text { Beta }\
A & \$ 50,000 & 1.20 \
B & \$ 50,000 & 0.80 \
C & \$ 50,000 & 1.00 \
D & \$ 50,000 & 1.20\
\text { Total }&\$200,000
\end{array}$
What is the portfolio's beta? Do not round your intermediate calculations.
A) 1.239
B) 1.040
C) 0.861
D) 0.809
E) 1.050

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The Answer of Jim Angel holds a $200,000 portfolio consisting of the following stocks: $\begin{array}{lll}\text { Stock }&\text { Investment }&\text { Beta }\
A & \$ 50,000 & 1.20 \
B & \$ 50,000 & 0.80 \
C & \$ 50,000 & 1.00 \
D & \$ 50,000 & 1.20\
\text { Total }&\$200,000
\end{array}$
What is the portfolio's beta? Do not round your intermediate calculations.
A) 1.239
B) 1.040
C) 0.861
D) 0.809
E) 1.050

Jim Angel Holds a $200,000 Portfolio Consisting of the Following