Port Inc. has a 2-stock portfolio with a total value of $100,000. $40,000 is invested...
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Port Inc. has a 2-stock portfolio with a total value of $100,000. $40,000 is invested in Stock A with a beta of 0.85 and the remainder ($60,000) is invested in Stock B with a beta of 1.54. What is his portfolios beta?
Group of answer choices
1.11
1.26
1.42
1.30
0.98
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