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Q7-Company ABC's stock has a beta of 1.5 and the correlation coefficient of that stock with the market is 0.5. The market's risk is .3.

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Q7-Company ABC's stock has a beta of 1.5 and the correlation coefficient of that stock with the market is 0.5. The market's risk is .3. Suppose you invest 30% of your wealth in the company and the rest in the market. Determine the risk of your portfolio. (15 pts.)

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