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12 An investor has $10,000 to invest in 5 different stocks. Information regarding the 5 stocks is shown in the table below: Stock Expected Return
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An investor has $10,000 to invest in 5 different stocks. Information regarding the 5 stocks is shown in the table below: Stock Expected Return Beta Amount Invested 9.00% 1.00 $1,533.00 10.00% 1.20 $2,713.00 6.50% 0.70 $2.838.00 8.00% 0.90 $820.00 12.00% 1.40 $2,096.00 Also, the risk free rate for the economy is currently 3.00%. What is the beta for this portfolio? Submit Answer format: Number: Round to: 2 decimal placesStep by Step Solution
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