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5 pts Question 5 Assume that you are a portfolio manager and that your portfolio has a market value of $30,000,000 and a beta of

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5 pts Question 5 Assume that you are a portfolio manager and that your portfolio has a market value of $30,000,000 and a beta of 1.35. You plan to invest another $10,000,000 of new money in additional assets, which will increase the beta of the total portfolio to 1.40. Given this information, determine what the beta of the newly purchased assets must be. 0 1.55 O 1.62 1.48 o 1.69 O 1.42

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