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10. Suppose that your portfolio is invested as follows: $2,000 invested in Stock A, and $18,000 invested in Stock B. The current beta of the

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10. Suppose that your portfolio is invested as follows: $2,000 invested in Stock A, and $18,000 invested in Stock B. The current beta of the portfolio is 2.80, and the beta of stock A is 2.50. If Stock A was sold, what would the beta of the replacement stock have to be to produce a new portfolio beta of 3.0? a. 4.50 b. 5.45 c. 3.50 d. 4.00 e. 5.00

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