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A portfolio consists of the following: $4,000 of stock A with beta of 1.2, $3,000 of stock B with beta of 1.41, and $8,000 of
A portfolio consists of the following: $4,000 of stock A with beta of 1.2, $3,000 of stock B with beta of 1.41, and $8,000 of U.S. Treasury bills. What is the portfolio beta?
Please show all formulas.
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