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An individual has $ 4 5 , 0 0 0 invested in a stock with a beta of 0 . 7 and another $ 3

An individual has $45,000 invested in a stock with a beta of 0.7
and another $30,000 invested in a stock with a beta of 1.8. If
these are the only two investments in her portfolio, what is her
portfolio's beta? Do not round intermediate calculations. Round
your answer to two decimal places.

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