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Question 29 You have a $2.5 million portfolio consisting of a $250,000 investment in each of 10 different stocks. The portfolio has a beta of
Question 29 You have a $2.5 million portfolio consisting of a $250,000 investment in each of 10 different stocks. The portfolio has a beta of 1.2. You are considering selling $250,000 worth of one stock with a beta of 0.9 and using the proceeds to purchase another stock with beta of 1. What will the portfolio's new beta be after these transactions? O 1.27 1.21 O 1.24 O 1.15 O 1.18 * Previous
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