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1.00 C Jeremiah Angel holds a $200,000 portfolio consisting of the following stocks. The portfolio's beta is 0.825. Stock Investment Beta $50,000 0.90 B $50,000

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1.00 C Jeremiah Angel holds a $200,000 portfolio consisting of the following stocks. The portfolio's beta is 0.825. Stock Investment Beta $50,000 0.90 B $50,000 $50,000 0.80 D $50,000 0.60 Total $200,000 16 Jeremiah replaces Stock A with another stock, E, which has a beta of 1.85, what will the portfolio's new beta be? Do not round your intermediate calculations, 1.0300 O. 1.0625 O 1.500 d. 1.2875 0 09707

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