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{"ops":[{"insert":"Suppose you held a diversified portfolio consisting of 10 different common stocks, investing $500 in each stock. The portfolio\u2019s beta is 1.9. Now suppose you decided to sell one of the stocks in your portfolio with a beta of 0.8 for $500 and use the proceeds to buy another stock with a beta of 1.25. What would your portfolio\u2019s new beta be?\n"}]}
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