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Jim Angel holds a $200,000 portfolio consisting of the following stocks: Stock Investment Beta A $ 50,000 0.50 B 50,000 0 U 100,000 1.20 Total

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Jim Angel holds a $200,000 portfolio consisting of the following stocks: Stock Investment Beta A $ 50,000 0.50 B 50,000 0 U 100,000 1.20 Total $200,000 What is the portfolio's beta? 1.115 0.850 0.725 O 1.000

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