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Portfolio Beta You own $1,800 of City Steel stock that has a beta of 1.66. You also own $6,600 of Rent-N-Co (beta = 1.96) and

Portfolio Beta You own $1,800 of City Steel stock that has a beta of 1.66. You also own $6,600 of Rent-N-Co (beta = 1.96) and $5,600 of Lincoln Corporation (beta = 1.06). What is the beta of your portfolio (closest to)?

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