Ellen has three stocks in her portfolio. She owns 200 shares of Stock A, currently selling at $28.00 per share, 150 shares of Stock B, priced at $56.00 per share, and 75 shares of Stock C, which is worth $36.00 per share. If the betas of the three stocks are as follows, what is Ellen’s portfolio beta? ______________ Beta Stock A 1.38 Stock B .96 Stock C 1.19
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