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25 The beta of General Mills stock is 0.5 and the beta of Apple stock is 1.1. A portfolio is formed with these two stocks.
25 The beta of General Mills stock is 0.5 and the beta of Apple stock is 1.1. A portfolio is formed with these two stocks. The weights are chosen so as to make the beta of the portfolio equal to 0.62. What is the proportion of funds invested in General Mills stock? Round your answer to two decimal places
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