You want to invest an additional 10000 in a stock that has


You have a portfolio of 5 stocks that have a total value of $40,000. The beta coefficient of this portfolio is 1.2. You want to invest an additional $10,000 in a stock that has beta equal to 2.2. After adding this, what is the portfolio's new beta?

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Finance Basics: You want to invest an additional 10000 in a stock that has
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