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U mbwe li percentage format without using the 96 sign. Leesponse needs to be =-0.1 from th Selected Answer: 13 n 5 O out of

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U mbwe li percentage format without using the 96 sign. Leesponse needs to be =-0.1 from th Selected Answer: 13 n 5 O out of 1 You hold a diversified $100.000 portfolio consisting of 20 stocks with $5,000 invested in each. The portfolio's beta is 1.12. You plan to sell as with b = 0.90 and use the proceeds to buy a new stock with b = 2.50. What will the portfolio's new beta be? Do not round your intermediate calculations. In order for the answer to be marked correct, the response needs to be +/-0.1 of the correct answer. Selected Answer: 0.413 4, 2021 7:17:03 PM CST a

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