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Business, 15.04.2021 21:50 laneycasey9058

You hold a diversified $100,000 portfolio consisting of 20 stocks with $5,000 invested in each. The portfolio's beta is 1.12. You plan to sell a stock with b = 0.90 and use the proceeds to buy a new stock with b = 1.80. What will the portfolio's new beta be? a. 1.194 b. 1.286 c. 1.165 d. 1.224 e. 1.255

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