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Let βᵢ = ρᵢ/σₚ, where ρ denotes the correlation between the return of asset i and the return of the portfolio, σᵢ is the volatility of the return of asset i and σₚ is the volatility of the return of the portfolio. What is β₂?
A
0.714
B
1.429
C
1.513
D
Cannot determine from information provided.