What is the beta of your portfolio

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Question: You own $21,000 of City Steel stock that has a beta of 3.31. You also own $38,000 of Rent-N-Co (beta = 1.76) and $20,600 of Lincoln Corporation (beta = -.84). What is the beta of your portfolio? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131924176

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