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Mike Flannery holds the following portfolio: Stock investment Beta A $150,000 1.40 B 50,000 0.80 C 100,000 1.20 Total $300,000 What is the portfolio's beta?

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Mike Flannery holds the following portfolio: Stock investment Beta A $150,000 1.40 B 50,000 0.80 C 100,000 1.20 Total $300,000 What is the portfolio's beta? 1.06 1.17 1.23 1.42 1.56

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