Question: please answer step by step not on excel Your portfolio has a beta of 1.57. The portfolio consists of 16 percent U.S. Treasury bills, 35

please answer step by step not on excelplease answer step by step not on excel Your portfolio has a

Your portfolio has a beta of 1.57. The portfolio consists of 16 percent U.S. Treasury bills, 35 percent Stock A, and 49 percent Stock B. Stock A has a risk level equivalent to that of the overall market. What is the beta of Stock B

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