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Suppose that Google Stock has a beta of 1.06 and Boeing stock has a beta of 1.31. The beta on a portfolio that consists of

Suppose that Google Stock has a beta of 1.06 and Boeing stock has a beta of 1.31. The beta on a portfolio that consists of 30% Google stock and 70% Boeing stock is closest to:

1.19

1.24

1.06

1.14

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