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You decide to form a portfolio of the following amounts invested in the following stocks. What is the beta of the portfolio? Stock Amount Beta

You decide to form a portfolio of the following amounts invested in the following stocks. What is the beta of the portfolio? Stock Amount Beta Expected Return Apple $1,000 2.40 10.50% Microsoft $7,000 0.73 16.90% Ford $6,000 1.95 15.75% Time Warner $6,000 1.27 11.80%

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