What is the portfolio beta

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An investor has a portfolio of 150 shares of Stock A which sells at a price of $20.3. The portfolio contains 283 shares of Stock B which sells at a price of $28.8. If Stock A's beta is 0.7 and Stock B's beta is 1.2, what is the portfolio's beta? Enter your answer with two decimal places of precision.

Reference no: EM132382993

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