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1. Your investment club has only two stocks in its portfolio. $20,000 is invested in a stock with a beta of 0.7 and $35,000 is

1. Your investment club has only two stocks in its portfolio. $20,000 is invested in a stock with a beta of 0.7 and $35,000 is invested in a stock with a bet of 1.3. What is portfolios beta?

Prepare the following problems in Excel and ensure the formulas are present in the appropriate cells. Answer: b= 1.08

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