Richard owns the following portfolio of securities. What is the beta for the portfolio?

Richard owns the following portfolio of securities. What is the beta for the portfolio? 8
Company Beta Percent of Portfolio Apple 2.50 25% Wells Fargo 0.65 50%
Ebay
1.70
25%
A) 1.00
B) 0.65
C) 1.62
D) 1.38

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