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An investor has put money in four stocks in the dollar amounts indicated and with betas specified. What is the portfolio beta? Stock A $3,893 with a beta of 1.07; stock B $6,270 with a beta of 1.2; stock C $4,260 with a beta of 0.97; and stock D $7,191 with a beta of 1.2. Show your answer rounded to two decimal points.

Financial Management, Finance

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