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You own $7, 794 of Olympic Steel stock that has a beta of 3.01. You also own $16, 021 of Rent-a-Center (beta = 1.35) and
You own $7, 794 of Olympic Steel stock that has a beta of 3.01. You also own $16, 021 of Rent-a-Center (beta = 1.35) and $19, 485 of Lincoln Educational (beta = 0.78). What is the beta of your portfolio? (Round your answer to 2 decimal places.) Portfolio beta
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