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A portfolio is invested 20% in Stock A, 15% in Stock B, 30% in Stock C, and 35% in Stock D. The betas for the

A portfolio is invested 20% in Stock A, 15% in Stock B, 30% in Stock C, and 35% in Stock D. The betas for the stocks are 0.7, 0.9, 1.3, and 1.5, respectively. What is the portfolio beta?

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