What is the portfolios beta, Accounting Basics

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What is the portfolios beta

Problem:

A company has $100,000 invested in a 2 stock portfolio. $35,000 is invested in Stock A and the remaining is invested in Stock B. A's beta is 1.50 and B's beta is 0.07.

Required:

What is the portfolios beta?

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Accounting Basics: What is the portfolios beta

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Accounting Basics: What is the portfolios beta

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