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Problem:

Donald Gilmore has $100,000 invested in a 2-stock portfolio. $35,000 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: Please show how you came up with the solution.

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  • Reference No.:- M91148887

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