Question: Need help with this finance question! Help 18. What should be the beta of a replacement stock if an investor wishes to achieve a portfolio
18. What should be the beta of a replacement stock if an investor wishes to achieve a portfolio beta of 1 by replacing stock C in the following equally weighted portfolio: stock A = 0.82 beta, stock B 1.02 beta; stock C = 1.27 beta? (Do not round intermediate calculations.) 1.16 beta O 131 beta 1.24 beta O 1.09 beta
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