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Brad Pitt has $200,000 invested in a 2-stock portfolio. $100,000 is invested in Stock A and the remainder is invested in Stock B. Stock A's

Brad Pitt has $200,000 invested in a 2-stock portfolio. $100,000 is invested in Stock A and the remainder is invested in Stock B. Stock A's beta is 1.50 and B's beta is 0.70. What is the portfolio's beta?

TO RECEIVE CREDIT FOR THIS QUESTION YOU MUST SHOW BOTH YOUR ANSWER, ROUNDED TO TWO DECIMAL PLACES, AND THE CALCULATIONS YOU USED TO ARRIVE AT THAT ANSWER.

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Brad Pitt has $200,000 invested in a 2-stock portfolio. $100,000 is invested in Stock A and the remainder is invested in Stock B. Stock A's beta is 1.50 and B's beta is 0.70. What is the portfolio's beta? TO RECEIVE CREDIT FOR THIS QUESTION YOU MUST SHOW BOTH YOUR ANSWER, ROUNDED TO TWO DECIMAL PLACES, AND THE CALCULATIONS YOU USED TO ARRIVE AT THAT

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