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Your retirement fund consists of a $8,000 investment in each of 11 different common stocks. The portfolios beta is 2.74. Suppose you sell one of
Your retirement fund consists of a $8,000 investment in each of 11 different common stocks. The portfolios beta is 2.74. Suppose you sell one of the stocks with a beta of 1.37 for $8,000 and use the proceeds to buy another stock whose beta is 1.12. Calculate your portfolios new beta. 2.4975 2.7173 1.4271 2.6140 1.6863
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