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The following data is given: Security $ Invested Beta 1 $9,000 0.7 2 $5,000 0.9 3 $8,000 1.2 What is the portfolio beta?

The following data is given:

Security

$ Invested

Beta

1

$9,000

0.7

2

$5,000

0.9

3

$8,000

1.2

What is the portfolio beta?

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