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A mutual fund manager has a $20,000,000 portfolio with a beta of 0.95. The risk-free rate is 4.50% and the market risk premium is 5.5%. The manager expects to receive an additional $5,000,000 which she plans to invest in a number of stocks. After investing the additional funds, she wants the fund's required return to be 19%. What should be the average beta of the new stocks added to the portfolio?

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