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You hold 100 shares of IBM and 2000 shares of Microsoft in your retirement account. The current price of IBM is $160/share, and that of
You hold 100 shares of IBM and 2000 shares of Microsoft in your retirement account. The current price of IBM is $160/share, and that of Microsoft is $32/share. From Yahoo Finance, you find that the beta of IBM is 0.65, and that of Microsoft is 0.8. What is the beta of your portfolio?
0.675
0.80
0.77
0.79
0.65
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