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Find the weighted average beta for a firm using the following information: Division Estimated Divisional Beta Proportion of the Firm's Assets Sedans 0.9 35% SUVs

Find the weighted average beta for a firm using the following information:

Division Estimated Divisional Beta Proportion of the Firm's Assets
Sedans 0.9 35%
SUVs 1.3 50%
Auto parts 0.84 15%

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