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You own a stock portfolio invested 15% in Stock Q, 15% in Stock R, 20% in Stock S, and 50% in Stock T. The betas

You own a stock portfolio invested 15% in Stock Q, 15% in Stock R, 20% in Stock S, and 50% in Stock T. The betas for these four stocks are 0.84, 1.17, 1.08, and 1.36, respectively. What is the portfolio beta? (Do not round intermediate calculations. Round the final answer to 3 decimal places.)

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