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You own a stock portfolio invested $45,000 in stock X, $60,000 in stock Y and $5,000 in stock Z. The betas for these three stocks
You own a stock portfolio invested $45,000 in stock X, $60,000 in stock Y and $5,000 in stock Z. The betas for these three stocks are .8, .6, .4, respectively .What is the portfolio beta? (Hint: you must first calculate the weights)
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