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Jack has invested $300,000 in securities A, B and C. Their weights and betas are listed in the below table. What is the portfolio beta?
Jack has invested $300,000 in securities A, B and C. Their weights and betas are listed in the below table. What is the portfolio beta?
Security | Weight (%) | Beta |
A | 40 | 1.2 |
B | 40 | 1.3 |
C | ? | -1.0 |
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