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An investor places $7,000 in Stock A, $6,000 in Stock B and $12,000 in Stock C. Stock A has a beta of 0.85, Stock B

An investor places $7,000 in Stock A, $6,000 in Stock B and $12,000 in Stock C. Stock A has a beta of 0.85, Stock B has a beta of 0.95 and Stock C has a beta of 1.25. What is the resulting portfolio beta?

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