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You hold a portfolio consisting of three stocks (A, B, and C). You own $25,000 of stock A, $35,000 of stock B, and $40,000 of
You hold a portfolio consisting of three stocks (A, B, and C). You own $25,000 of stock A, $35,000 of stock B, and $40,000 of stock C. What is the portfolio beta is equal to if the beta for stock A is 1.10, the beta for stock B is 0.75, and the beta for stock C is 0?
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