Mike Flannery holds the following portfolio: Stock Investment Beta A $150,000 1.40 B 50,000 0.80 C 100,000 1.00 D 75,000 1.20 Total $375,000 What is the portfolio's beta?

1.174

Explanation:

As per given , we have  

StockInvestmentWeight  (W)            Beta(B)              (W) x (B)

A            150,000     0.40                      1.40         0.56

B             50,000      0.13                      0.80         0.104

C            100,000     0.27                      1.00         0.27

D             75,000             0.20                      1.20         0.24

Total            375,000            1.00                                     1.174

Hence, the portfolio's beta = 1.174

answer founder's agreement;

answerindividual preferences are not revealed in the market for the good;