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Your retirement fund consists of a $6,000 investment in each of 15 different common stocks. The portfolios beta is 0.90. Suppose you buy another stock
Your retirement fund consists of a $6,000 investment in each of 15 different common stocks. The portfolios beta is 0.90. Suppose you buy another stock worth $18,000 whose beta is 1.50. Calculate your portfolios new beta
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