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Stock A has a beta of 1.2 and the return standard deviation of 30%. Stock B has a beta of 0.6 and the return standard

Stock A has a beta of 1.2 and the return standard deviation of 30%. Stock B has a beta of 0.6 and the return standard deviation of 12%. The correlation between the two stocks is 0.7. You invested 50% of your portfolio into stock A and 50% into stock B. What is the beta of your portfolio?

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