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Zippy Inc has $100,000 invested in a 2-stock portfolio. $30,000 is invested in Patty manufacturing and the remainder is invested in Strong Corporation. Patty beta
Zippy Inc has $100,000 invested in a 2-stock portfolio. $30,000 is invested in Patty manufacturing and the remainder is invested in Strong Corporation. Patty beta is 1.60 and Strong beta is 0.90. What is the portfolios beta?
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