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You own a portfolio equally invested in a risk-free asset and two stocks. If one of the stocks has a beta of 1.62, and the total portfolio is exactly as risky as the market, what must the beta be for the other stock in your portfolio? (Do not round intermediate calculations. Round your answer to 2 decimal places.) NOTE: THE COMPUTER WILL TELL ME IF THE ANSWER IS CORRECT OR NOT BEFORE I RATE. SERIOUS TUTOR ONLY. THANKS!
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Verifying DivergenceIn Exercises 11-18, verify that the infinite series diverges.
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