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If you hold a portfolio made up of the following stocks: Investment Value Beta Stock X $4,000 1.5 Stock Y $5,000 1.0 Stock Z $1,000

If you hold a portfolio made up of the following stocks:

Investment Value Beta

Stock X $4,000 1.5

Stock Y $5,000 1.0

Stock Z $1,000 .5

What is the beta of the portfolio?

  1. 1.33
  2. 1.24
  3. 1.15
  4. 1.00

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