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Portfolio Beta You Own $1,000 of City Steel Stock That

Question 6

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Portfolio Beta You own $1,000 of City Steel stock that has a beta of 1.5.You also own $5,000 of Rent-N-Co (beta = 1.8) and $4,000 of Lincoln Corporation (beta = 0.9) .What is the beta of your portfolio?


A) 1.4
B) 1.5
C) 4.2
D) 4.65

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