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You Manage Your Own Portfolio of About Twenty Stocks

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You manage your own portfolio of about twenty stocks.One of which is Honda Motors.The returns on Honda tend to move up and down with the economy as a whole.You decide to sell Honda and replace it with the common stock of Repo-Man Inc.,an asset recovery company.Repo-Man's shares tend to rise when the economy falls,and vice versa.Your portfolio's beta should:


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