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Steve Brickson currently has an investment portfolio that contains four stocks with a total value equal to $80,000. The portfolio has a beta () equal

Steve Brickson currently has an investment portfolio that contains four stocks with a total value equal to $80,000. The portfolio has a beta () equal to 1.4. To earn higher returns, Steve wants to invest an additional $20,000 in a stock that has equal to 2.4. After Steve adds the new stock to his portfolio, what will the portfolio's beta be

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