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Your portfolio has a beta of 1.03 and consists of 15 percent U.S. Treasury bills, 30 percent Stock A, and 55 percent Stock B. Stock

Your portfolio has a beta of 1.03 and consists of 15 percent U.S. Treasury bills, 30 percent Stock A, and 55 percent Stock B. Stock A has a risk level equivalent to that of the overall market. What is the beta of Stock B? (Please keep two decimal places.)

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