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James Roberts has $100,000 invested in a 2-stock portfolio. $53,000 is invested in Stock X and the remainder is invested in Stock Y. X's beta

James Roberts has $100,000 invested in a 2-stock portfolio. $53,000 is invested in Stock X and the remainder is invested in Stock Y. X's beta is 1.25 and Ys beta is 0.60. What is the portfolio's beta?

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