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You have a portfolio with a beta of 1.47. What will be the new portfolio beta if you keep 86 percent of your money in

You have a portfolio with a beta of 1.47. What will be the new portfolio beta if you keep 86 percent of your money in the old portfolio and 14 percent in a stock with a beta of 0.69? (Do not round intermediate calculations and round your answer to 2 decimal places.) New portfolio beta

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