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QUESTION 11 Jim Angel holds a $500,000 portfolio consisting of the following stocks: Stock Investment Beta A $175,000 1.50 B $150,000 0.80 C $50,000 1.10
QUESTION 11
Jim Angel holds a $500,000 portfolio consisting of the following stocks:
Stock |
| Investment |
| Beta |
A |
| $175,000 |
| 1.50 |
B |
| $150,000 |
| 0.80 |
C |
| $50,000 |
| 1.10 |
D |
| $125,000 |
| 0.75 |
Total |
| $500,000 |
|
|
Please show work on how you got answer What is the portfolio's beta? Do not round your intermediate calculations.
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