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12.An Investor has $200,000 invested in a 2-stock portfolio. $80,000 is invested in Stock X and the remainder is invested in Stock Y. X's beta

12.An Investor has $200,000 invested in a 2-stock portfolio. $80,000 is invested in Stock X
and the remainder is invested in Stock Y. X's beta is 1.5 and Ys beta is 1.60. What is the
portfolio's beta?

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