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Portfolio Beta You own $22,500 of City Steel stock that has a beta of 3.33. You also own $39,000 of Rent-N-Co (beta = 1.78) and
Portfolio Beta You own $22,500 of City Steel stock that has a beta of 3.33. You also own $39,000 of Rent-N-Co (beta = 1.78) and $20,800 of Lincoln Corporation (beta = -.82). What is the beta of your portfolio?
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