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Jensen currently has $100,000 invested in assorted stocks to create his portfolio. His current portfolio has a beta of 0.90 He is considering investing $20,000

Jensen currently has $100,000 invested in assorted stocks to create his portfolio. His current portfolio has a beta of 0.90 He is considering investing $20,000 in a new stock If he does, his new portfolio beta will be 1.17. What is the beta of the stock he is considering? 270 1.78 2.97 122

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