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Kate has $100,000 invested in a two-stock portfolio. Thirty thousand dollars is invested in Potts Manufacturing and the remainder is invested in Stohs Corporation. Potts
Kate has $100,000 invested in a two-stock portfolio. Thirty thousand dollars is invested in Potts Manufacturing and the remainder is invested in Stohs Corporation. Potts beta is 1.60 and Stohs beta is 0.60. What is the portfolios beta?
a.
0.74
b.
0.66
c.
0.90
d.
0.82
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