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Stock W has a beta of 1.27, Stock X has a beta of 0.96, Stock Y has a beta of 0.33,and stock Z has a

Stock W has a beta of 1.27, Stock X has a beta of 0.96, Stock Y has a beta of 0.33,and stock Z has a beta of -0.14. If you have a portfolio which contains equal proportions of these four stocks, what is the portfolio beta (to two decimal places) ?

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