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Suppose you held a diversified portfolio consisting of a $7,500 investment in each of 20 different common stocks. The portfolio's beta is 1.73. Now suppose

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Suppose you held a diversified portfolio consisting of a $7,500 investment in each of 20 different common stocks. The portfolio's beta is 1.73. Now suppose you decided to sell one of the stocks in your portfolio with a beta of 10 for $7,500 and use the proceeds to buy another stock with a beta of 2.07. What would your portfolio's new beta be? Do not round intermediate calculations. Round your answer to two decimal places, A stock's returns have the following distribution: Demand for the Company's Products Weak Probability of This Rate of Return If Demand Occurring This Demand Occurs 0.1 (28%) 0.2 (10) 0.3 16 Below average Average Above average 0.2 36 Strong 0.2 53 1.0 Assume the risk-free rate is 2% Calculate the stock's expected return, standard deviation coefficient of variation, and Sharpe ratio. Do not round Intermediate calculations, Round your answers to two decimal places Stock's expected return: 17.8 % Standard deviation: 96 Coefficient of variation: Sharpe ratio

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