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Your portfolio has a beta of 1 . 6 0 . The portfolio consists of 2 2 percent U . S . Treasury bills, 3

Your portfolio has a beta of 1.60. The portfolio consists of 22 percent U.S. Treasury bills, 32 percent Stock A, and 46 percent Stock B. Stock A has a risk level equivalent to that of the overall market. What is the beta of Stock B?
((Do not round intermediate transactions. Round your final answer to the closest 2 decimals. If your answer is 1.234, then enter as it is).
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