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You have just invested in a portfolio of three stocks. The amount of money that you invested in each stock and its beta are summarized

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You have just invested in a portfolio of three stocks. The amount of money that you invested in each stock and its beta are summarized below. Stock Investment Beta 1.48 285,000 0.62 1.33 $190,000 475,000 Calculate the beta of the portfolio and use the Capital Asset Pricing Model (CAPM) to compute the expected rate of return for the portfolio. Assume that t the market is 17 percent and that the risk-free rate is 6 percent. (Round beta answer to 3 decimal places, e.g. 52.750 and expected rate of retu places, eg, 52.75%.) Beta of the portfolio Expected rate of return Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT LINK TO TEXT By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your Question Attempts: 1 of 3 used SAVE FOR LA Earn Maximum Points available only if you answer this question correctly in two atterm or

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