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Business, 04.11.2019 23:31 saucyboyFredo

Suppose stan holds a portfolio consisting of a $10,000 investment in each of 8 different common stocks. the portfolio's beta is 1.25. now suppose stan decided to sell one of his stocks that has a beta of 1.00 and to use the proceeds to buy a replacement stock with a beta of 1.35. what would the portfolio's new beta be? a. 1.17b. 1.23c. 1.29d. 1.36e. 1.43

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