40 of a portfolio is invested in apple stock which has an


40% of a portfolio is invested in Apple stock which has an expected return of 25% and a beta of 1.4. The remaining 60% of the portfolio is invested in Microsoft stock which has an expected return of 9% and a beta of 0.8. What is the beta on the portfolio?

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Financial Management: 40 of a portfolio is invested in apple stock which has an
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