Tom O'Brien Has a 2-Stock Portfolio with a Total Value

question 85

Multiple Choice

Tom O'Brien has a 2-stock portfolio with a total value of $100,000.$47,500 is invested in Stock A with a beta of 0.75 and the remainder is invested in Stock B with a beta of 1.42.What is his portfolio's beta? Do not round your intermediate calculations.Round your final answer to 2 decimal places.

• A) 1.04
• B) 1.10
• C) 1.09
• D) 1.06
• E) 1.05

---

Definitions:

National Consumers League

An American organization founded in 1899 that advocates for consumer rights, fair labor practices, and public health.

Electorate Loyalty

The allegiance or faithful adherence of voters to a particular political party or candidate.

Anti-Corruption Efforts

Initiatives and actions aimed at combating and reducing corruption in governmental and corporate institutions.

Federal Level

Pertaining to the national government or systems of a country, as opposed to state, local, or regional levels.