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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 beta

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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 beta of 1.16, stock Y has a beta of 1.51, and stock Z has a beta of 0.37 . What is the beta of your portfolio? (round answer to two decimal points)

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