What is the portfolio beta

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As an investment bank manager, you have the following three investments in your current portfolio. a.) GM shares: 900 shares, trade for $30/share, beta=0.9 b.) JP Morgan shares: 500 shares, trade for $80/share, beta=1.1 c.) MGM shares: 1000 shares, trade for $35/share, beta=2.0 What is the portfolio beta? (round to 4 decimals if possible)

Reference no: EM131060914

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