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Portfolio Beta You own $1,000 of City Steel stock that has a beta of 1.5. You also own $5,000 of RentN-Co (beta =1.8 ) and

Portfolio Beta You own $1,000 of City Steel stock that has a beta of 1.5. You also own $5,000 of RentN-Co (beta =1.8 ) and $4,000 of Lincoln Corporation ( beta =0.9). What is the beta of your portfolio? 4.2 4.65 1.5 1.4

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