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You form a portfolio by buying $29218 of Microsoft stock, and $77635 of Apple stock. Microsoft stock has a beta of 0.93 and Apple stock

You form a portfolio by buying $29218 of Microsoft stock, and $77635 of Apple stock. Microsoft stock has a beta of 0.93 and Apple stock has a beta of 0.62.

What is your portfolio Beta?

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SOLUTION To calculate the portfolio beta we need to first calculate the weight of each stock in the ... blur-text-image

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