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You have $1,000 invested in a portfolio of stocks with a beta of .75. You have another $500 to invest and are extremely risk-averse (i.e.,

You have $1,000 invested in a portfolio of stocks with a beta of .75. You have another $500 to invest and are extremely risk-averse (i.e., you do not want any risk in your portfolio). What would be the Beta of the stock you are considering adding to your portfolio? Show all steps

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