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7) If you invest $3000 in Stockholm Inc. (beta of 0.3) and $7000 in Edmunston Inc. (beta of 0.43), what is the beta of your

If you invest $3000 in Stockholm Inc. (beta of 0.3) and $7000 in Edmunston Inc. (beta of 0.43), what is the beta of your portfolio if you have no other investment? Calculate beta to two-place accuracy.

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