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Jim Angel holds a $200,000 portfolio consisting of the following stocks: Stock Investment Beta A $50,000 0.80 B $50,000 1.20 C $50,000 1.00 D $50,000

Jim Angel holds a $200,000 portfolio consisting of the following stocks:

Stock

Investment

Beta

A

$50,000

0.80

B

$50,000

1.20

C

$50,000

1.00

D

$50,000

1.60

Total

$200,000

What is the portfolio's beta?

1.800

1.480

1.950

1.150

1.290

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