Question: Can you please further explain the correct answer (Answer C) 37) You invest $1,300 in security A with a beta of 1.7 and $1,100 in

Can you please further explain the correct answer (Answer C) 37) You

Can you please further explain the correct answer (Answer C)

37) You invest $1,300 in security A with a beta of 1.7 and $1,100 in security B with a beta of 0.6 . The beta of this portfolio is A) 1.02 B) 1.73 C) 1.20 D) 2.30

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