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A portfolio contains four assets. Asset 1 has a beta of .7 and represents 35 percent of the portfolio. Asset 2 has a beta of

A portfolio contains four assets. Asset 1 has a beta of .7 and represents 35 percent of the portfolio. Asset 2 has a beta of 1.3 and represents 20 percent of the portfolio. Asset 3 has a beta of 1.1 and is 25 percent of the portfolio. Asset 4 has a beta of 2.16. What is the portfolio beta?

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