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Statement: Beta of a portfolio is the weighted sum of individual asset betas. Briefly explain the implication of this statement to studying cost of capital

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Statement: "Beta of a portfolio is the weighted sum of individual asset betas". Briefly explain the implication of this statement to studying cost of capital calculations. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BI V f Paragraph Arial 14px 111 P 0 MacBook Pro

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