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You decide to hold a Portfolio of stocks: Zoom BioTech beta = 1.60 $10 million Value Auto beta = 1.20 $10 million Pacific Bank beta

You decide to hold a Portfolio of stocks:

Zoom BioTech beta = 1.60 $10 million Value Auto beta = 1.20 $10 million Pacific Bank beta = 0.80 $20 million

What is the weighted average beta for the Portfolio?

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