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Your portfolio is comprised of 30 percent of stock X, 10 percent of stock Y, and 60 percent of stock Z. Stock X has a

Your portfolio is comprised of 30 percent of stock X, 10 percent of stock Y, and 60 percent of stock Z. Stock X has a beta of 1.16, stock Y has a beta of 1.60, and stock Z has a beta of 0.70. What is the beta of your portfolio?

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