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A portfolio invests in three assets: 40% in a stock, 10% in the risk-free asset, and the rest in the market portfolio. If the beta

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A portfolio invests in three assets: 40% in a stock, 10% in the risk-free asset, and the rest in the market portfolio. If the beta of the stock is 0.9, what is the beta of the portfolio? Hint: The beta of a portfolio is the weighted average of betas of each asset in the portfolio

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