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A $29,002 portfolio is invested in a risk-free security and two stocks. The beta of Stock A is 1.94 while the beta of Stock B

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A $29,002 portfolio is invested in a risk-free security and two stocks. The beta of Stock A is 1.94 while the beta of Stock B is 0.81. One-half of the portfolio is invested in the risk-free security. How much (in $) is invested in Stock A if the beta of the portfolio is 0.54? Answer to two decimals

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