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Given the following information, calculate the beta for the portfolio of stocks A, B, and C. (Answer to the nearest tenth). Amount Stock Invested Beta
Given the following information, calculate the beta for the portfolio of stocks A, B, and C. (Answer to the nearest tenth).
| Amount | Stock |
| Invested | Beta |
|
|
|
Stock A | $5,000 | 1.3 |
Stock B | $3,000 | 1.1 |
Stock C | $8,000 | 0.9 |
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