A portfolio comprises of stocks in three companies, TRY N' SAVE, All Organics and OPEC Energy. The market value of each investment and betas are shown below. What is the portfolio beta?
|
|
Market Value of Shares |
Beta |
|
TRY N' SAVE |
50,000 |
-0.10. |
|
All Organics |
20,000 |
2.00 |
|
OPEC Energy |
40,000 |
1.05 |
Choose the correct answer:
A.0.6650
B.0.8750
C.1.0050
D.1.2020
E.None of the above answer is correct.