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Business, 18.11.2019 22:31 charlotte67

Steve brickson currently has an investment portfolio that contains four stocks with a total value equal to $80,000. the portfolio has a beta (β) equal to 1.4. in order to earn higher returns, steve wants to invest an additional $20,000 in a stock that has β equal to 2.4. after steve adds the new stock to his portfolio, what will the portfolio's beta be?

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