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14. Portfolio Beta You own $1,000 of City Steel stock that has a beta of 1.50. You also own $5,000 of Rent-N-Co (beta- 180) and
14. Portfolio Beta You own $1,000 of City Steel stock that has a beta of 1.50. You also own $5,000 of Rent-N-Co (beta- 180) and $4,000 of Lincoln Corporation (beta .90). What is the beta of your portfolio (closest to)? O 4.20 1.41 O 2.43
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