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Cid here to read the eBook: Risk in a Portfolio Contest The CAPM PORTFOLIO BETA A mutual fund manager has a $20 milion portfolio with

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Cid here to read the eBook: Risk in a Portfolio Contest The CAPM PORTFOLIO BETA A mutual fund manager has a $20 milion portfolio with a bota of 175. The free rate is 100% and the market risk premium is 4.5%. The manager expects to receive an additional $5 million, which she plans to invest in a number of stock. After investing the additional funds, she wants the fund's required return to be 18%. What should be the average beta of the new stocks added to the portfolio Do not round intermediate calculations. Round your answer to two decimal places. Enter a negative answer with a minus sign

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