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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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