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What is the beta for a portfolio with 60% invested in X and 40% invested in Y? Stock X Stock Y Expected Return 14% 18%
What is the beta for a portfolio with 60% invested in X and 40% invested in Y? Stock X Stock Y Expected Return 14% 18% Standard Deviation 40% 54% Beta 1.2 1.5 Correlation (X, Y) = 0.25 ____ A) 1.42 B) 1.32 C) 1.22 D) 1.12 Hint:
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