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You have a portfolio that is invested 17 percent in Stock A, 44 percent in Stock B, and 39 percent in Stock C. The betas

You have a portfolio that is invested 17 percent in Stock A, 44 percent in Stock B, and 39 percent in Stock C. The betas of the stocks are .78, 1.33, and 1.62, respectively. What is the beta of the portfolio?

1.52

1.35

1.11

1.30

1.24

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