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Problem:

Bill Dukes has $100,000 invested in a 2-stock portfolio. $77,500 is invested in Stock X and the remainder is invested in Stock Y. X's beta is 1.50 and Y's beta is 0.70.

Required:

Question: What is the portfolio's beta?

Note: Can someone please give me a step by step solution?

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91174269

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