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An investor has $1 million invested in a 2-stock portfolio. $250,000 is invested in Potts Manufacturing and the remainder is invested in Stohs Corporation. Potts'
An investor has $1 million invested in a 2-stock portfolio. $250,000 is invested in Potts Manufacturing and the remainder is invested in Stohs Corporation. Potts' beta is 2.0 and Stohs beta is 0.8. What is the portfolio's beta?
1.1 | ||
1.4 | ||
2.8 | ||
1.40 |
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