Tom skinner has $45,000 invested in a stock with a beta of 0.8 and another $55,000 invested in a stock with a beta of 1.4. these are the only two investments in his portfolio. what is his portfolio's

Tom skinner has $45,000 invested in a stock with a beta of 0.8 and another $55,000 invested in a stock with a beta of 1.4. these are the only two investments in his portfolio. what is his portfolio's beta?

a. 1.03

b. 1.08

c. 0.93

d. 0.98

e. 1.13