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An individual has a portfolio with $8,000 invested in Stock X and a beta coefficient of.8. The portfolio also has $3,500 invested in Stock Y

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An individual has a portfolio with $8,000 invested in Stock X and a beta coefficient of.8. The portfolio also has $3,500 invested in Stock Y with a beta coefficient of 1.1. If these are the only two investments in the portfolio, what is the portfolio beta? .80 .89 O 1.1 1.9

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