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1. You own a stock portfolio invested 15% in Stock Q, 25% in Stock R, 40% in stock S, and 20% in Stock T. The

1. You own a stock portfolio invested 15% in Stock Q, 25% in Stock R, 40% in stock S, and 20% in Stock T. The betas for these four stocks are .8, .9, 1.3, and 1.6, respectively. What is the portfolio beta?

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