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You own a stock portfolio invested$15,000in stock X, $10,000 in stock Y and $25,000 in stock Z. The betas for these three stocks are .6,

You own a stock portfolio invested$15,000in stock X, $10,000 in stock Y and $25,000 in stock Z. The betas for these three stocks are .6, .9, 1.6, respectively. What is the portfolio beta? (Hint: you must first calculate the weights)

.688

.788

1.16

1.38

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