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(3) By using the Dividend Discount Model, a. Bowen invested in a portiolio of the following stocks: Initial ValueCunent Valuation Stock Beta What is the

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(3) By using the Dividend Discount Model, a. Bowen invested in a portiolio of the following stocks: Initial ValueCunent Valuation Stock Beta What is the beta of Bowen's portiolio of investments ( 15 marks) b. How will Bowen reduce the systematic risk of his portfolio? (5 marks) (Iotal 20

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