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You own 400 shares of Stock A at a price of $70 per share, 450 shares of Stock B at $85 per share, and 850

You own 400 shares of Stock A at a price of $70 per share, 450 shares of Stock B at $85 per share, and 850 shares of Stock C at $31 per share. The betas for the stocks are 1.1, 1.6, and .6, respectively. What is the beta of your portfolio? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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