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An investor places $5,000 in Stock A, $4,000 in Stock B and $10,000 in Stock C. Stock A has a beta of 0.9, Stock B

An investor places $5,000 in Stock A, $4,000 in Stock B and $10,000 in Stock C. Stock A has a beta of 0.9, Stock B has a beta of 1.05 and Stock C has a beta of 1.25. What is the resulting portfolio beta?

1.12

1.09

1.07

1.17

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