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Kraska will illustrate the concept of portfolio beta using the same three stocks. Compute the beta for a portfolio composed of $20,000 invested in Amazon.com,

Kraska will illustrate the concept of portfolio beta using the same three stocks. Compute the beta for a portfolio composed of $20,000 invested in Amazon.com, $50,000 in Coca-Cola, and $35,000 in Merck Pharmaceuticals. The individual stock betas are below:

Amazon 3.02

Coca-cola 0.62

Merck Pharmaceuticals 1.11

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