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A portfolio comprises Coke ( beta of 1 . 1 ) and Wal - Mart ( beta of 0 . 9 ) . The amount

A portfolio comprises Coke (beta of 1.1) and Wal-Mart (beta of 0.9). The amount invested in Coke is $10,000 and in Wal-Mart is $20,000. What is the beta of the portfolio?
A.0.87
B.1.02
C.0.97
D.1.06
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