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An investor has a portfolio of 104 shares of Stock A which sells at a price of $8.3. The portfolio contains 109 shares of Stock
An investor has a portfolio of 104 shares of Stock A which sells at a price of $8.3. The portfolio contains 109 shares of Stock B which sells at a price of $13.0. If Stock A's beta is 0.5 and Stock B's beta is 1.6, what is the portfolio's beta? Enter your answer with two decimal places of precision.
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