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You own a portfolio with 30% invested in a risk-free asset and 40% invested in a stock with a beta of 1.6. The total portfolio

You own a portfolio with 30% invested in a risk-free asset and 40% invested in a stock with a beta of 1.6. The total portfolio is equally as risky as the market. What must the beta be for the other stock representing the remaining 30% of your portfolio?

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