Of the $60,000 invested in a two-stock portfolio, 40 percent is invested in Stock S...
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Accounting
Of the $60,000 invested in a two-stock portfolio, 40 percent is invested in Stock S and 60 percent is invested in Stock X. If Stock S has a beta coefficient equal to 1.5 and the beta of the portfolio is 2.1, what is the beta coefficient of Stock X?
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