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Assume that you have $100,000 invested in a stock whose beta is 0.31, $200,000 invested in a stock whose beta is 0.97, and $300,000 invested

Assume that you have $100,000 invested in a stock whose beta is 0.31, $200,000 invested in a stock whose beta is 0.97, and $300,000 invested in a stock whose beta is 0.78. What is the beta of your portfolio? Instruction: Type ONLY your numerical answer and round to two decimal places.

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