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You own a stock portfolio invested 35 percent in Stock Q, 20 percent in Stock R, 5 percent in Stock S, and 40 percent
You own a stock portfolio invested 35 percent in Stock Q, 20 percent in Stock R, 5 percent in Stock S, and 40 percent in Stock T. The betas for these four stocks are 1.34, 0.98, 0.87, and 0.7, respectively. What is the portfolio beta?
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