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You own a stock portfolio invested 20 percent in Stock Q, 33 percent in Stock R, 45 percent in Stock S, and 2 percent in

You own a stock portfolio invested 20 percent in Stock Q, 33 percent in Stock R, 45 percent in Stock S, and 2 percent in Stock T. The betas for these four stocks are 1.5, .5, 1.6, and .8, respectively. What is the portfolio beta?

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