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What is the beta of the following portfolio? Stock Beta Investment A 1.2 $50,000 B 0.7 $80,000 C -0.2 $30,000 D 1.4 $40,000 Round to

What is the beta of the following portfolio?

Stock

Beta

Investment

A

1.2

$50,000

B

0.7

$80,000

C

-0.2

$30,000

D

1.4

$40,000

Round to the second decimal place.

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