Bill dukes has 100000 invested in a 2-stock portfolio 77500


Bill Dukes has $100,000 invested in a 2-stock portfolio. $77,500 is invested in Stock X and the remainder is invested in Stock Y. X's beta is 1.50 and Y's beta is 0.70. What is the portfolio's beta?

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Financial Management: Bill dukes has 100000 invested in a 2-stock portfolio 77500
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