Sharons portfolio, which is valued at $200,000, contains six stocks and has a beta coefficient...
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Sharons portfolio, which is valued at $200,000, contains six stocks and has a beta coefficient equal to 1.5. Later today, Sharon is going to sell one of the stocks in her portfolio for $40,000. After the sale, the portfolios beta will be 1.3. What is the beta coefficient of the stock that Sharon plans to sell?
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