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Question 34 You hold a diversified portfolio consisting of a $5,125 investmen in each of 10 different common stocks. The portfolio's beta is 1 AL.

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Question 34 You hold a diversified portfolio consisting of a $5,125 investmen in each of 10 different common stocks. The portfolio's beta is 1 AL. You have decided to sell one of your stocks that has a beta equal to 0.7. You plan to use the proceeds to purchase another stock that has a beta of 1.A. What would be the beta of the new portfolio? O 1.63 O 1.58 O 1.53 1.43 O 1.48

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