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You are managing a portfolio of 10 stocks that are held in equal amounts. The current beta of the portfolio is 1.5 and the beta

image text in transcribed You are managing a portfolio of 10 stocks that are held in equal amounts. The current beta of the portfolio is 1.5 and the beta of stock A is 2 . If stock A is sold, what would the beta of the replacement stock have to be to produce a new portfolio beta of 1.31 ? Please enter your answer with one decimal place. For example, a beta of 1.11 should be entered as

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