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Laurel Wilson has a portfolio of five stocks. The stocks' actual investment performance last year is given below along with an estimate of this year's

Laurel Wilson has a portfolio of five stocks. The stocks' actual investment performance last year is given below along with an estimate of this year's performance.

Last Year This Year
Stock Beta Investment Return Investment Return
A 1.1 $50,000 8.0% $55,000 8.5%
B 0.6 40,000 6.0 40,000 7.0
C 1.2 80,000 4.5 60,000 4.5
D 1.6 20,000 12.0 45,000 10.0
E 0.8 60,000 3.0 50,000 5.0

Calculate Laurel's portfolio beta for last year and for this year. Assume that the changes in investment (value) come from changing stock prices rather than buying and selling shares. Round the answers to two decimal places. Last year: {C} This year: {C}

What has happened to the riskiness of Laurel's portfolio? The portfolio has -become slightly more risky, become slightly less risky, remained the sameItem?

Should she be concerned? Laurel should/shouldn't be concerned?

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