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Business, 02.07.2019 05:10 nolam123

Your retirement fund consists of a $5,000 investment in each of 15 different common stocks. the portfolio's beta is 1.40. suppose you sell one of the stocks with a beta of 0.5 for $5,000 and use the proceeds to buy another stock whose beta is 1.8. calculate your portfolio's new beta.

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