Karen wants to invest an additional 40000 in a stock with b


Karen Wallace currently has an investment portfolio that contains 10 stocks that have a total value equal to $160,000. The portfolio has a beta (b) equal to 1.0. Karen wants to invest an additional $40,000 in a stock with b = 2.0. After Karen adds the new stock to her portfolio, what will be the portfolio's beta?

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Finance Basics: Karen wants to invest an additional 40000 in a stock with b
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