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Stok Investment XT 40,000 XU 50,000 XV 70,000 XW 65,000 The beta value for Stock XT is 0.70, Stock XU is 0.64, Stock XV is

Stok Investment

XT

40,000

XU

50,000

XV

70,000

XW

65,000

The beta value for Stock XT is 0.70, Stock XU is 0.64, Stock XV is 1.40 and Stock XW is 1.00. Suzi plans to sell XT Stock and replace it with XX Stock, which has a beta of 1.70. By how much will the portfolio beta change? The answer should to 3 decimal places

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