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OpenStudy (anonymous):
A year ago you bought 100 shares of JPMorgan at $43 a share and 100 shares of Procter and Gamble at $65 a share. JPMorgan’s current price is $50 and its beta is 1.25; Procter and Gamble’s current price is $77 and its beta is .6. If these are your only two investments, what is your portfolio’s beta?
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