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Brenda Jackson currently has an investment portfolio that contains four stocks with a total value equal to $80,000. The portfolio has a beta (B) equal

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Brenda Jackson currently has an investment portfolio that contains four stocks with a total value equal to $80,000. The portfolio has a beta (B) equal to 1.4. Brenda wants to invest an additional $20,000 in a stock that has B=2.4. a. After Brenda adds this new stock to her portfolio, what will be the portfolio's beta? b. What does beta measure? Please explain briefly. a

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