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3. Martin Ortner holds a $200,000 portfolio consisting of the following stocks: Stock Investment Beta A $50,000 0.82 B 50,000 1.5 C 50,000 1.87 D

3. Martin Ortner holds a $200,000 portfolio consisting of the following stocks: Stock Investment Beta A $50,000 0.82 B 50,000 1.5 C 50,000 1.87 D 50,000 2.36 Total $200,000 What is the portfolio's beta?

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