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Portfolio Beta You own $1,300 of City Steel stock that has a beta of 1.56. You also own $5,600 of Rent-N-Co (beta = 1.86) and

Portfolio Beta You own $1,300 of City Steel stock that has a beta of 1.56. You also own $5,600 of Rent-N-Co (beta = 1.86) and $4,600 of Lincoln Corporation (beta = .96). What is the beta of your portfolio (closest to)?

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