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

An individual has $50,000 invested in a stock with a beta of 0.3 and another $30,000 invested in a stock with a beta of 1.1. 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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