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You have a portfolio of two stocks that is worth $75,396. You have invested $26,317 in the first stock and the rest in the second

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You have a portfolio of two stocks that is worth $75,396. You have invested $26,317 in the first stock and the rest in the second stock. The first stock has a beta of 0.78 and the second stock has a beta of 1.16. What is the beta of the portfolio? (Do not round any intermediate calculations. Round your final answer to 2 decimal places and enter it in the box below.)

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