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Stock A has a beta of 0.89 and volatility of 0.72. Stock B has a beta of 1.22 and volatility of 0.52. What is the
Stock A has a beta of 0.89 and volatility of 0.72. Stock B has a beta of 1.22 and volatility of 0.52. What is the beta of a portfolio consisting of $4,000 in Stock A and $20,000 in Stock B? Keep 4 decimal places in intermediate steps and show 2 decimal places in your final answer.
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