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The following are estimates for two stocks. Stock Expected Return Beta firm-specific Standard Deviation A 0.13 0.84 0.33 B 0.2 1.21 0.39 The market index

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The following are estimates for two stocks. Stock Expected Return Beta firm-specific Standard Deviation A 0.13 0.84 0.33 B 0.2 1.21 0.39 The market index has a standard deviation of 0.17 and the risk-free rate is 0.05. Suppose that we were to construct a portfolio with proportions: Stock A 0.31 Stock B 0.44 The remaining proportion is invested in Tbills Compute the beta of the portfolio. Round your answer to 4 decimal places. For example if your answer is 3.205%, then please write down 0.0321

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