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1.Hastings Entertainment has a beta of 0.36. If the market return is expected to be 14 percent and the risk-free rate is 5.25 percent, what

1.Hastings Entertainment has a beta of 0.36. If the market return is expected to be 14 percent and the risk-free rate is 5.25 percent, what is Hastings required return? What would be the required return if beta increased to .80?

2.You own $10,000 of Olympic Steel stock that has a beta of 2.25. You also own $7,000 of Rent-A-Center that has a beta of 1.65 and $8,000 of Lincoln Educational that has a beta of .40. What is the beta of your entire portfolio?

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