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You own a portfolio equally invested in a risk-free asset and two stocks. One of the stocks has a beta of 1.16 and the total

You own a portfolio equally invested in a risk-free asset and two stocks. One of the stocks has a beta of 1.16 and the total portfolio is equally as risky as the market.

Required:

What must the beta be for the other stock in your portfolio? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

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