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Answer to Question #1118 in Finance for Joel Smith

Question #1118
An investor has a 2-stock portfolio with $50,000 invested in Palmer Manufacturing and $50,000 in Nickles Corporation. Palmer’s beta is 1.20 and Nickles’ beta is 1.00. What is the portfolio's beta?

(Points : 4)
0.94
1.02
1.10
1.18
1.26
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