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An Investor has $200,000 invested in a 2-stock portfolio. $60,000 is invested in Stock X and the remainder is invested in Stock Y. X's beta

An Investor has $200,000 invested in a 2-stock portfolio. $60,000 is invested in Stock X

and the remainder is invested in Stock Y. X's beta is 1.2 and Ys beta is 1.5. What is the

portfolio's beta?

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