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Your portfolio contains Stocks X and Y with the following dollar amount of investments: Stock X Y Investment $8,000 $12,000 The portfolio has a beta
Your portfolio contains Stocks X and Y with the following dollar amount of investments:
Stock
X
Y
Investment
$8,000
$12,000
The portfolio has a beta of 1.0. If you add Stock A into your portfolio with an investment of $20,000, what is the beta of your new portfolio? Stock A's beta is 2.0.
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