A portfolio comprises Apple (beta of 1.4), Amazon (beta of 2.1), and Dollar Tree (beta of 0.3).
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Question:
- A portfolio comprises Apple (beta of 1.4), Amazon (beta of 2.1), and Dollar Tree (beta of 0.3). The amount invested in Apple is $75,000, in Amazon is $80,000, and in Dollar Tree is $25,000. What is the beta of the portfolio?
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