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Kris currently has $105,000 invested in assorted stocks to creater her portfolio. Her current portfolio has a beta of 1.10. She is considering investing $15,000
Kris currently has $105,000 invested in assorted stocks to creater her portfolio. Her current portfolio has a beta of 1.10. She is considering investing $15,000 in a new stock. The new stock has an expected return of 18%. Currently, treasury bills earn a rate of 2.1% and the market's expected return is 12%. What will be the beta of the new portfolio if she does invest in this stock
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