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Your client owns a portfolio of two stocks. Stock A has a beta of 1.2 and is 60% of his portfolio. Stock B has a

Your client owns a portfolio of two stocks. Stock A has a beta of 1.2 and is 60% of his portfolio. Stock B has a beta of 1.1 and is 40% of his portfolio. If the market increases 12%, how much would you expect your client's portfolio to increase?

12.0%

13.2%

13.9%

14.4%

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