What the beta of the portfolio

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Eminem is a risk taker and would like to invest in the portfolio below. He would like to know what the beta of the portfolio is.

           Investment Value Beta

STOCKX    $4,000           1.5

STOCKY    $5,000           1.0

STOCKZ    $1,000             .5

Can you tell him what is the beta of the portfolio?

A) 1.33

B) 1.24

C) 1.15

D) 1.00

Please provide detail calculations.

Reference no: EM131562432

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