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You currently own a portfolio valued at $30,000 that has a beta of 1.2. You...

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You currently own a portfolio valued at $30,000 that has a beta of 1.2. You have another $20,000 to invest and would like to invest it in a manner such that the risk of the new portfolio matches that of the overall market. What does the beta of the new security have to be? O 0.45 0.52 O 0.64 O 0.70

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