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You own a stock portfolio invested 30 percent in Stock Q, 25 percent in Stock R, 5 percent in Stock S, and 40 percent in

You own a stock portfolio invested 30 percent in Stock Q, 25 percent in Stock R, 5 percent in Stock S, and 40 percent in Stock T. The betas for these four stocks are 0.8, 1.05, 1.55, and 0.65, respectively. What is the portfolio beta?

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