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You have a $50,000 portfolio consisting of Intel, GE, and Con Edison. You put $25,000 in Intel, $15,000 in GE, and the rest in Con

You have a $50,000 portfolio consisting of Intel, GE, and Con Edison. You put $25,000 in Intel, $15,000 in GE, and the rest in Con Edison. Intel, GE, and Con Edison have betas of 1.5, 1.2, and .8, respectively. What is your portfolio beta?

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