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Question 1 Not yet answered Marked out of 7.00 P Flag question Ceren has a portfolio with a beta of 0.975. Her portfolio consists of

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Question 1 Not yet answered Marked out of 7.00 P Flag question Ceren has a portfolio with a beta of 0.975. Her portfolio consists of 20 percent U.S. Treasury bills, 45 percent Stock X. and 35 percent Stock Y. Stock X has a risk-level equivalent to that of the overall market. What is the beta of Stock Y? (Do not round intermediate calculations and round your answer to 2 decimal places. e.g. 12.47.) Online calculator: https://www.desmos.com/scientific

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