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Portfolio Beta You own $1,400 of City Steel stock

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Portfolio Beta
You own $1,400 of City Steel stock that has a beta of 1.58. You also own $5,800 of Rent-N-Co (beta = 1.88) and $4,800 of Lincoln Corporation (beta = .98). What is the beta of your portfolio (closest to)?

1.48 1.00 2.91 4.44

 
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