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Your portfolio has a beta of 1.60. The portfolio consists of 16 percent U.S. Treasury bills, 36 percent stock A, and 48 percent stock B.

Your portfolio has a beta of 1.60. The portfolio consists of 16 percent U.S. Treasury bills, 36 percent stock A, and 48 percent stock B. Stock A has a risk level equivalent to that of the overall market. What is the beta of stock B?

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