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You own a $90,000 portfolio that is invested in stock A and B. The portfolio beta is equal to the market beta. Stock A has
You own a $90,000 portfolio that is invested in stock A and B. The portfolio beta is equal to the market beta. Stock A has an expected return of 14.1 percent and a beta of 1.2. Stock B has a beta of .76. What is the value of your investment in stock A? Please give me a formula and answer.
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