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Consider the following information on two stocks: P(State) Stock A Stock B 30% 20% 12% -5% 4% 8% -10% 10% Boom Normal Slow Recession Asset
Consider the following information on two stocks: P(State) Stock A Stock B 30% 20% 12% -5% 4% 8% -10% 10% Boom Normal Slow Recession Asset A Asset B 20% 50% 15% 15% $Investment $35,000 $15,000 Beta 1.45 0.85 Calculate the portfolio's beta. (Round to 2 decimals)
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