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Petro-Chem Inc stock has a beta equal to 1.2. Digi-Media corps beta is 2.0. What is the beta of a portfolio invested equally in these

Petro-Chem Inc stock has a beta equal to 1.2. Digi-Media corps beta is 2.0. What is the beta of a portfolio invested equally in these two stocks?

a.

2.0

b.

1.2

c.

1.6

d.

All

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