Eric has $200,000 invested in a two-stock portfolio. $70,000 is invested in HD and the rest is

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Eric has $200,000 invested in a two-stock portfolio. $70,000 is invested in HD and the rest is invested in AMC. HD's beta is 1.50, and AMC's beta is 0.70. What is the portfolio's beta?
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Financial Accounting

ISBN: 978-0133472264

5th Canadian edition

Authors: Charles Horngren, William Thomas, Walter Harrison, Greg Berberich, Catherine Seguin

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