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Your portfolio has a beta of 1.17. The portfolio consists of 16 percent U.S. Treasury bills, 31 percent in stock A, and 53 percent in

Your portfolio has a beta of 1.17. The portfolio consists of 16 percent U.S. Treasury bills, 31 percent in stock A, and 53 percent in stock B. Stock A has a risk-level equivalent to that of the overall market. What is the beta of stock B?

1.23

1.62

0.53

1.06

1.37

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