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You are managing a portfolio of stocks. The total value of the portfolio is $ 1 0 0 , 0 0 0 and it has

You are managing a portfolio of stocks. The total value of the portfolio is $

100, 000

and it has a beta of

1.12 .

The portfolio comprises of stock X which has a beta of

1.50

and stock Y with a beta of

0.84 .

What is the value of stock X in your portfolio?

Please show work and explain!!

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