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Check My Work (remain E elle Problem Walkthrough Problem 6-09 Portfolio Beta Your retirement fund consists of a $7,500 investment in each of 20 different

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Check My Work (remain E elle Problem Walkthrough Problem 6-09 Portfolio Beta Your retirement fund consists of a $7,500 investment in each of 20 different common stocks. The portfolio's betais 0.05. Suppose you one of the stocks with a beta of 1.0 for $7,500 and use the proceeds to buy another stock whose beta is 1.15. Calculate your portfolio's new beta. Do not round intermediate calculations. Rond your answer to the decimales

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