A mutual fund manager has a $20 million portfolio with a bea of 1.40. The niktree rate is 7.75%, and the market risk premium is 6.0%. The manager expects to receive an additional $5 million, which she plans to invest in a number of stodol. Alter investing the additional funds, she wants the fund's required return to be 15% What should be the average beta of the new stodes added to the portfoo Negative value any should be indicated by a minus sign. Do not found intermediate calculations, Round your answer to two decimal places