You own a stock portfolio invested 30 percent in Stock Q, 35 percent in Stock R, 10 percent in Stock S, and 25 percent i

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answerhappygod
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You own a stock portfolio invested 30 percent in Stock Q, 35 percent in Stock R, 10 percent in Stock S, and 25 percent i

Post by answerhappygod »

You own a stock portfolio invested 30 percent in Stock Q, 35
percent in Stock R, 10 percent in Stock S, and 25 percent in Stock
T. The betas for these four stocks are 1.0, 0.7, 1.4, and 0.8,
respectively. What is the portfolio beta? (Do not
round intermediate calculations. Round your answer to 3 decimal
places.)
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