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An Investor currently holds the following portfolio: 8,000 shares of Stock A, worth $16,000; Beta - 13 15,000 shares of Stock B, worth $48,000; Beta

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An Investor currently holds the following portfolio: 8,000 shares of Stock A, worth $16,000; Beta - 13 15,000 shares of Stock B, worth $48,000; Beta - 19 25,000 shares of Stock C, worth 598,000, Beta 2.1 The Investor is worried that the beta of his portfolio is too high, so he wants to sell some stock Cand add stock D, which has a beta of 1.1, to his portfolio if the investor wants his portfolio to have a beta of 1.7, he must replaces 000 stock C with stock D. Note: Enter the first two digits of your answers. The thousands are already in the

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