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You have a 2-stock portfolio with a total value of $700,000. $400,000 is invested in Stock A with a beta of 0.50 and the remainder

You have a 2-stock portfolio with a total value of $700,000. $400,000 is invested in Stock A with a beta of 0.50 and the remainder is invested in Stock B with a beta of 0.30. What is your portfolio's beta? Do not round your intermediate calculations. Round your final answer to two decimal places.

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