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Portfolio Beta You own $29,000 of City Steel stock that has a beta of 3.39. You also own $42,000 of Rent-N-Co (beta = 1.84) and

Portfolio Beta You own $29,000 of City Steel stock that has a beta of 3.39. You also own $42,000 of Rent-N-Co (beta = 1.84) and $21,400 of Lincoln Corporation (beta = -.76). What is the beta of your portfolio?

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