You own $10,000 of Olympic Steel stock that has a beta of 2.2


You own $10,000 of Olympic Steel stock that has a beta of 2.2. You also own $7,000 of Rent-a-Center (beta = 1.5) and $8,000 of Lincoln Educational (beta = 0.5).

What is the beta of your portfolio? (Round your answer to 2 decimal places.)

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