Question

You own 500 shares of Stock A at a price of $75 per share, 525 shares of Stock

B at $95 per share, and 750 shares of Stock C at $44 per share. The betas for the stocks are 0.7, 1.5, and 0.8, respectively. What is the beta of your portfolio? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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