Question: Question 4: You are managing a portfolio of 10 stocks which are held in equal amounts. The current beta of the portfolio is 1.64, and

Question 4: You are managing a portfolio of 10 stocks which are held in equal amounts. The current beta of the portfolio is 1.64, and the beta of stock A is 2.0. If stock A is sold, what would the beta of the replacement stock have to be to produce a new portfolio beta of 1.55
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