You only need one of them:
(135 mile²) x (5,280 feet/mile)²
= (135 mile²) x (27,878,400 feet²/mile²)
= (135 x 27,878,400) mile² - feet² / mile²
= 3,763,584,000 feet²
A stock portfolio's overall beta is found by multiplying each stock's beta times the percentage of the overall portfolio it makes up and adding these terms together. Since the current portfolio's beta is known, we can treat all the stocks in the portfolio as a single stock for calculating its weight in the new portfolio. Thus, our new portfolio will have a value of $150,000, $100,000, or 2/3, of which has a beta of 1.5 and $50,000, or 1/3, of which has a beta of 3. Then the beta of the new portfolio will be 1.5*(2/3) + 3*(1/3) = 2.
Any number to the power of 0 equals 1. Even if the original number is extremely high like 10000000, the value will still equal 1.