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An investor has $ 1 0 0 0 initial wealth for investment and he borrows another $ 5 0 0 at the risk free rate.

An investor has $1000 initial wealth for investment and he borrows another $500 at the risk free rate. He then invest the entire total amount of $1500 in the market portfolio. What is his portfolio beta?
+2.0
-1.0
+1.5
0

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