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You currently own a portfolio valued at $40,000 that has a beta of 1.2. You have another $10,000 to invest and would like to invest

You currently own a portfolio valued at $40,000 that has a beta of 1.2. You have another $10,000 to invest and would like to invest it in a manner such that the risk of the new portfolio matches that of the overall market. What does the beta of the new security have to be? 0.35 0.50 0.44 0.20

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