Question: Please answer fully and accurately Problem 2-1 Portfolio Beta Your investment club has only two stocks in its portfolio. $15,000 is invested in a stock

 Please answer fully and accurately Problem 2-1 Portfolio Beta Your investment

Please answer fully and accurately

Problem 2-1 Portfolio Beta Your investment club has only two stocks in its portfolio. $15,000 is invested in a stock with a beta of 0.7, and $65,000 is invested in a stock with a beta of 1.4. What is the portfolio's beta? Round your answer to two decimal places

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