What is the portfolio beta

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Question - Alex has $1,000 invested in a three-stock portfolio. $100 are invested in Peter's Manufacturing, $400 in Jane's Manufacturing and the remainder is invested in a market ETF. Peter's beta is 1.30, and Jane's beta is 0.75. What is the portfolio's beta?

a. 0.93

b. 1

c. 0.74

d. 1.035

Reference no: EM132800711

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