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You own a stock portfolio invested 15 percent in Stock Q, 18 percent in Stock R, 15 percent in Stock S, and 52 percent in

You own a stock portfolio invested 15 percent in Stock Q, 18 percent in Stock R, 15 percent in Stock S, and 52 percent in Stock T. The betas for these four stocks are 1.1, .8, 1.2, and .9, respectively. What is the portfolio beta? (Do not round intermediate calculations. Round your answer to 3 decimal places.)

Portfolio Beta___________

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