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Determine the beta of a portfolio consisting of equal investments in the following common stocks Security Beta Apple Computer 1.15 Coca-Cola 1.05 Harley-Davidson 1.50 Homestake

Determine the beta of a portfolio consisting of equal investments in the following common stocks

Security Beta
Apple Computer 1.15
Coca-Cola 1.05
Harley-Davidson 1.50
Homestake Mining 0.50

Select one:

a.

1.05

b.

1.00

c.

1.10

d.

0.95

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