What is the beta of this portfolio

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Question: An investor creates a portfolio from stock A and stock B where she invests 0.50 of her wealth in stock A and 0.50 of her wealth in stock B. Stock A has a beta of 1.52 and stock B has a beta of -0.49. What is the beta of this portfolio? Round your final answer to two decimal points.

Reference no: EM133332010

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