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A portfolio consists of two stocks and has a beta of 1.20. The first stock has a beta of 1.02 and comprises 30 percent of
A portfolio consists of two stocks and has a beta of 1.20. The first stock has a beta of 1.02 and comprises 30 percent of the portfolio. What is the beta of the second stock?
.41%
.66%
.82%
1.28%
1.33%
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