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You have a portfolio with a beta of 1.35 . What will be the new portfolio beta if you keep 85 percent of your money

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You have a portfolio with a beta of 1.35 . What will be the new portfolio beta if you keep 85 percent of your money in the old portfolio and 15 percent in a stock with a beta of 0.78 ? (Round your answer to 2 decimal places.)

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