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Portfolio Beta You own $23,500 of City Steel stock that has a beta of 3.34. You also own $39,500 of Rent-N-Co (beta = 1.79) and

Portfolio Beta You own $23,500 of City Steel stock that has a beta of 3.34. You also own $39,500 of Rent-N-Co (beta = 1.79) and $20,900 of Lincoln Corporation (beta = -.81). What is the beta of your portfolio?

4.84

1.58

4.32

1.00

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