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Suppose you have a portfolio that has $150 in stock A with a beta of...

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Finance

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Suppose you have a portfolio that has $150 in stock A with a beta of 0.84, $600 in stock B with a beta of 1.15, and $450 in the risk-free asset. You have another $300 to invest. You wish to achieve a beta for your whole portfolio to be the same as the market beta. What is the beta of the added security? (Round intermediate calculations and the final answer to 3 decimal places, eg. 2.361.) Beta

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