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Business, 27.04.2021 14:30 lovemusic4

You own a stock portfolio invested 18 percent in Stock Q, 22 percent in Stock R, 38 percent in Stock S, and 22 percent in Stock T. The betas for these four stocks are .92, .98, 1.38, and 1.83, respectively. What is the portfolio beta? (Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

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