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Matt holds the following portfolio: Stock The dollar invested in the stock Beta A 250,000 1.20 B 350,000 0.80 C 200,000 1.50 D 200,000 0.75

Matt holds the following portfolio:

Stock

The dollar invested in the stock

Beta

A

250,000

1.20

B

350,000

0.80

C

200,000

1.50

D

200,000

0.75

Total

1,000,000

What is the portfolio's beta?

0.80

1.03

1.06

1.20

1.50

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