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QUESTION 1 Lincoln owns a portfolio that has a value of $32,000 and consists of 3 stocks. He has $8,000 worth of stock A which

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QUESTION 1 Lincoln owns a portfolio that has a value of $32,000 and consists of 3 stocks. He has $8,000 worth of stock A which has a bea of 2.20; he has 1,200 shares of stock B, which has a share price of $800 and a beta of 0.50, and he has some slock C, which has a beta of 0.40. What is the beta of Uncoln's portfolio? a. 0.97 (plus or minus 0.02) b. 0.87 (plus or minus 0.02) c. 0.77 (plus or minus 0.02 d. 1.13 (plus or minus 0.02 e. None of the above is within 0.02 of the correct

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