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An individual has $50,000 invested in a stock that has a beta of 0.5 and $40,000 invested in a stock with a beta of 1.4.
An individual has $50,000 invested in a stock that has a beta of 0.5 and $40,000 invested in a
stock with a beta of 1.4. If these are the only two investments in her portfolio, what is her
porfolio's beta?
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