Paul owns a portfolio that has a value of $21,600.00 and consists of 3 stocks....
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Paul owns a portfolio that has a value of $21,600.00 and consists of 3 stocks. It has $3940 worth of stock A, which has a beta of 1.73; it has 390 shares of stock B, which has a share price of $22.51 and a beta of 0.61; and it stock C, which has a beta of 1.2. What is the beta of Paul's portfolio?
O 0.81 (plus or minus 0.02 points)
O 0.74 (plus or minus 0.02 points)
O 1.06 (plus or minus 0.02 points)
O 0.56 (plus or minus 0.02 points)
None of the above is within 0.02 of the answer
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