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Question 3 2 pts Port Company is financed entirely by equity and has three divisions. Division A is the stable products division and has a
Question 3 2 pts Port Company is financed entirely by equity and has three divisions. Division A is the stable products division and has a beta of 0.68. Division B takes only projects with the same risk as the market portfolio. Division C is the research and development division, where the average beta of projects is 2.03. The firm's assets are divided equally (both in terms of market value and book value) among the three divisions. What is the beta of the firm? Answer to three decimal places
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