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25. Portfolio Beta You own $1,200 of City Steel stock that has a beta of...

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Accounting

25. Portfolio Beta You own $1,200 of City Steel stock that has a beta of 1.54. You also own $5,400 of Rent-N-Co (beta = 1.84) and $4,400 of Lincoln Corporation (beta = .94). What is the beta of your portfolio (closest to)? 4.32 2.66 1.45 1.00

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