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Bill Dukes has $100,000 evenly invested in a 2-stock portfolio. X's beta is 1.50 and Y's beta is 0.70. What is the portfolio's beta? 0.65

Bill Dukes has $100,000 evenly invested in a 2-stock portfolio. X's beta is 1.50 and Y's beta is 0.70. What is the portfolio's beta?

0.65

0.72

0.80

1.1

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