If the beta of asset 1 is 12 the beta of asset 2 is 15 and, Financial Management

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If the beta of asset 1 is 12 the beta of asset 2 is 15 and

Consider an investor who owns three assets: asset 1, asset 2, and asset 3 and invests equally in each of the three assets. If the beta of asset 1 is 1.2, the beta of asset 2 is 1.5 and the Beta of asset 3 is zero, then what is the beta of the investor's portfolio.

A) 0.90

B) 1.10

C) 1.25

D) 0.75

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Financial Management: If the beta of asset 1 is 12 the beta of asset 2 is 15 and

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Financial Management: If the beta of asset 1 is 12 the beta of asset 2 is 15 and

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