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30. Given the following information, calculate the beta for the portfolio of stocks A, B, and C. (Answer to the nearest tenth). Amount Stock Invested

30. Given the following information, calculate the beta for the portfolio of stocks A, B, and C. (Answer to the nearest tenth).

Amount

Stock

Invested

Beta

Stock A

$1,000

1.3

Stock B

$6,000

1.7

Stock C

$3,000

0.8

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