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You own $14,000 of Olympic Steel stock that has a beta of 0.61. You also own $8,000 of Rent-a-Center (beta = 1.49) and $4,000 of

You own $14,000 of Olympic Steel stock that has a beta of 0.61. You also own $8,000 of Rent-a-Center (beta = 1.49) and $4,000 of Lincoln Educational (beta = 1.19). What is the beta of your portfolio? (Round your answer to two decimal places.)

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