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You form a portfolio by buying $11222 of Microsoft stock, and $25941 of Apple stock. Microsoft stock has a beta of 1.22 and Apple stock

You form a portfolio by buying $11222 of Microsoft stock, and $25941 of Apple stock. Microsoft stock has a beta of 1.22 and Apple stock has a beta of 1.03. What is your portfolio Beta?

Please give your answers to two decimal places (1.00)

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