Your portfolio is comprised of 30 percent of Stock X,50 percent of Stock Y,and 20 percent of Stock Z.Stock X has a beta of .64,Stock Y has a beta of 1.48,and Stock Z has a beta of 1.04.What is the portfolio beta?
A) 1.01
B) 1.05
C) 1.09
D) 1.14
E) 1.18
Correct Answer:
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