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A portfolio is comprised of 30 percent of stock X, 55 percent of stock Y, and 15 percent of stock Z. Stock X has a
A portfolio is comprised of 30 percent of stock X, 55 percent of stock Y, and 15 percent of stock Z. Stock X has a beta of .87, stock Y has a beta of 1.48, and stock Z has a beta of 1.04. What is the portfolio beta?
1.111
1.190
1.157
1.231
1.012
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