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Assume a portfolio is invested 20% in Stock A that has a beta of 1.0, 20% in Stock B that has a beta of 0.8,

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Assume a portfolio is invested 20% in Stock A that has a beta of 1.0, 20% in Stock B that has a beta of 0.8, and 60% in Stock C that has a beta of 1.5. What is the portfolio beta? (Do not round Intermediate calculations. Round the final answer to 2 decimal places.) Numeric Response

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