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You have a $10000 portfolio consisting of Intel, GE, and Con Edison. You put $3950 in Intel, $2260 in GE, and the rest in Con

You have a $10000 portfolio consisting of Intel, GE, and Con Edison. You put $3950 in Intel, $2260 in GE, and the rest in Con Edison. Intel, GE, and Con Edison have betas of 1.1, 0.75, and 0.89, respectively. What is your portfolio beta?

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