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You own a stock portfolio invested 1 8 % in Stock Q , 2 2 % in Stock R , 3 8 % in Stock

You own a stock portfolio invested 18% in Stock Q,22% in Stock R,38% in Stock S, and 22% in Stock T.
The betas for these four stocks are .92,.98,1.38, and 1.83, respectively.
What is the portfolio beta?
(Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.)

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