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Question text Consider the following portfolio comprised of two securities in the following proportions and with the indicated security beta. What is the portfolios beta?

Question text Consider the following portfolio comprised of two securities in the following proportions and with the indicated security beta. What is the portfolios beta? Security Amount invested Beta Expected Return A $30 million 0.6 9.0% B $39 million 1.2 12.0% Select one: a. 1.50 b. 0.94 c. 1.80 d. 0.85

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