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John Smith has $ 1 2 0 , 0 0 0 invested in a 2 - stock portfolio. $ 8 0 , 0 0 0

John Smith has $120,000 invested in a 2-stock portfolio. $80,000 is invested in Stock X and the remainder is invested in Stock Y. Stock X has a beta of 1.5 and the portfolio has a beta equal to that of the market. What is the beta of stock Y?
-1.00
-0.75
1.33
0.00
0.25

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