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An investor has put money in four stocks in the dollar amounts indicated and with betas specified. What is the portfolio beta? Stock A $3,979 with a beta of 1; stock B $6,080 with a beta of 1.21; stock C $5,129 with a beta of 0.91; and stock D $7,172 with a beta of 1.15. Show your answer rounded to two decimal points.

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