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Your portfolio is comprised of 40 percent of stock X, 15 percent of stock Y, and 45 percent of stock Z. Stock X has a

Your portfolio is comprised of 40 percent of stock X, 15 percent of stock Y, and 45 percent of stock Z. Stock X has a beta of 1.18, stock Y has a beta of 1.52, and stock Z has a beta of 0.4.

What is the beta of your portfolio? (round answer to two decimal points)

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