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If a portfolio has two stocks GM and WMT weighted as 30% and 70%, respectively. What is the portfolio beta if betas for GM and

If a portfolio has two stocks GM and WMT weighted as 30% and 70%, respectively. What is the portfolio beta if betas for GM and WMT are 1.2 and 0.6, respectively?

  • A. 0.78
  • B. 0.93
  • C. 1.15
  • D. 1.80

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