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Your retirement fund consists of a $ 5 , 0 0 0 investment in each of 1 5 different common stocks. The portfolio's beta is
Your retirement fund consists of a $ investment in each of different common stocks. The portfolio's beta is Suppose you sell one of the stocks with a beta of for $ and use the proceeds to buy another stock whose beta is Calculate your portfolio's new beta. Do not round intermediate calculations. Round your answer to two decimal places.
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