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Question 20 (3 points) D 1. John Smith currently has an investment portfolio with a total value equal to $80,000. The portfolio has a beta

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Question 20 (3 points) D 1. John Smith currently has an investment portfolio with a total value equal to $80,000. The portfolio has a beta equal to 1.5. John wants to invest an additional $20,000 in a stock that has Beta 2.5. After John adds the new stock to his portfolio, what will be the portfolio's beta? 1.5 2 0 Not enough information is given to compute the portfolio's beta. Save Question 21 (3 points) The following are measures used by firms when making capital budgeting decisions except: WE

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