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An individual has $45,000 invested in a stock with a beta of 0.4 and another $70,000 invested in a stock with a beta of 1.1.
An individual has $45,000 invested in a stock with a beta of 0.4 and another $70,000 invested in a stock with a beta of 1.1. If these are the only two investments in her portfolio, what is her portfolio's beta? Do not round intermediate calculations. Round your answer to two decimal places
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Thomas Calculus Early Transcendentals
Authors: Joel R Hass, Christopher E Heil, Maurice D Weir
13th Edition
9780321884077
