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Business, 26.11.2019 21:31 yo2lo15

The diversified growth co. has three different divisions. its low-risk division accounts for $5 million of its assets and has a beta of 0.8. its middle-risk division accounts for $10 million of its assets and has a beta of 1.1, while its high-risk division has assets worth $15 million and a beta of 1.8. diversified’s overall firm beta is therefore equal to (do not round intermediate computations.)

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