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An investor has $1000 initial wealth for investment and he borrows another $1000 at the risk free rate. He then invest the entire total amount
An investor has $1000 initial wealth for investment and he borrows another $1000 at the risk free rate. He then invest the entire total amount of $2000 in the market portfolio. What is his portfolio beta?
a.+2.0
b.0
c.+1.0
d.-1.0
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