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Check My Work eBook An individual has $ 2 5 , 0 0 0 ivested in a stock with a beta of 0 . 6

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An individual has $25,000ivested in a stock with a beta of 0.6 and another $50,000 invested in a stock with a beta of 1.3. If these are the only two investiments 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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