amp's beta is 0.83 and Aransas beta is 1.27. What is the beta of a portfolio that consists of $19,000 in Camp stock. $3,000 in Aransas stock, and $39,000 in the overall stock market? Keep 4 decimal places in intermediate steps and show decimal places in your final answer.

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter2: Risk And Return: Part I
Section: Chapter Questions
Problem 12P: Stock R has a beta of 1.5, Stock S has a beta of 0.75, the expected rate of return on an average...
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Camp's beta is 0.83 and Aransas beta is 1.27. What is the beta of a portfolio that consists of $19,000 in Camp stock. $3,000 in Aransas stock, and $39,000 in the overall stock market? Keep 4 decimal places in intermediate steps and show decimal places in your final answer.  

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