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You have a portfolio with a beta of 1.77. What will be the new portfolio beta if you keep 82 percent of your money in

You have a portfolio with a beta of 1.77. What will be the new portfolio beta if you keep 82 percent of your money in the old portfolio and 18 percent in a stock with a beta of 0.93? (Do not round intermediate calculation and round your answer to 2 decimal places.)

New portfolio beta

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