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11 M Suppose you hold a portfolio consisting of a $10,000 investment in each of 8 different common stocks. The portfolio's beta is 1.26.

11 M Suppose you hold a portfolio consisting of a $10,000 investment in each of 8 different common stocks. The portfolio's beta is 1.26. Now suppose you decided to sell one of your stocks that has a beta of 0.95 and to use the proceeds to buy a replacement stock with a beta of 0.50. What would the portfolio's new beta be? Do not round your intermediate calculations. Round your final answer to 2 decimal places. 13 " O a 10 1.17 15 O081 Od 1.20

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