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2. Jill Angel holds a $200,000 portfolio consisting of the following stocks. Fhegestonosben e Stock Investment Beta A $50,000 0.50 50,000 0.80 1.00 D $50,000

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2. Jill Angel holds a $200,000 portfolio consisting of the following stocks. Fhegestonosben e Stock Investment Beta A $50,000 0.50 50,000 0.80 1.00 D $50,000 1.66 Total $200,000_ C $50,000 I ill replaces Stock A with another stock, E (keeping the same total), which has a beta of 1.50, what will the portfolio's new beta be? a. 1.07 b. 1.30 c. 1.18 d. 1.24 e. None of the above

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