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You form a portfolio of stocks. Jerry Stock has a beta of 1.1, Bob Stock has a beta of 2.4, and Phil Stock has a

You form a portfolio of stocks. Jerry Stock has a beta of 1.1, Bob Stock has a beta of 2.4, and Phil Stock has a beta of 1.5. If 31% of your portfolio is invested in Jerry Stock, and 36% of your stock is invested in Bob Stock, what is your portfolio beta? Answer must be in two decimal places.

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