Investor Corporation has a $195,000 stock portfolio.$60,000 is invested in a stock with a beta of 1.35
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Question:
Investor Corporation has a $195,000 stock portfolio.$60,000 is invested in a stock with a beta of 1.35 and the remainder is invested in a stock with a beta of 3.05.These are the only two investments in the portfolio.What is the portfolio's beta?
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