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QUESTION
An individual has $10,000 invested in a stock with a beta of 0.8 and another $55,000 invested in a stock with a beta of 2.
An individual has $10,000 invested in a stock with a beta of 0.8 and another $55,000 invested in a stock with a beta of 2.2. If these are the only two investments in her portfolio, what is her portfolio's beta? Round your answer to two decimal places.
