What will portfolios net beta be after these transactions

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You have a $1million portfolio consisting of $250,000 investment in each of 4 different stocks. The portfolio has a beta of 2.0. you are considering selling $250, 000 worth of one stock with beta of 1.6 and using the proceeds to purchase another stock with a beta of -1. what will the portfolio's net beta be after these transactions?

Reference no: EM13974587

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