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A portfolio is invested 40 percent each in Stock L with a beta of 1.48 and Stock K with a beta of 1.05. The remainder
A portfolio is invested 40 percent each in Stock L with a beta of 1.48 and Stock K with a beta of 1.05. The remainder of the portfolio is invested in secured debt. What is the portfolio beta? Multiple Choice 1.101 1.033 1.009 1.018
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