Molecular devices-what is beta of your portfolio

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You own $19,084 of Human Genome stock that has an assumed beta of 3.55. You also own $13,212 of Frozen Food Express (assumed beta = 1.57) and $4,404 of Molecular Devices (assumed beta = 0.64). What is the beta of your portfolio? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Reference no: EM131354028

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