You own $17,068 of Steel stock that has a beta of 2.80. You also own $17,068 of
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Question:
You own $17,068 of Steel stock that has a beta of 2.80. You also own $17,068 of Renta (beta = 2.08) and $16,064 of Carr (beta = 0.66)
What is the beta of your portfolio? (round to 2 decimal place)
Expert Answer:
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