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Abrams builds a portfolio by investing in two stocks only: Google ( GOOG ) and Nokia ( NOK ) . According to the CAPM, the
Abrams builds a portfolio by investing in two stocks only: Google GOOG and Nokia NOK According to the CAPM, the expected risk premium ie the expected return minus the riskfree rate of GOOG is and the expected risk premium of NOK is The beta of GOOG is equal to If Abrams puts of his money in GOOG stock and in NOK stock, what is the approximate beta of his portfolio?
beta p
Please round your answer with two decimals
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