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A portfolio consists of two stocks: 100 shares of stock Kilo with a market price of $51 and 200 shares of stock Lima with a

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A portfolio consists of two stocks: 100 shares of stock Kilo with a market price of $51 and 200 shares of stock Lima with a market price of $48. If asset betas are 1.98 and 2.62 respectively, what is portfolio beta? (Provide your solution as a decimal with two digits of accuracy.)

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