A mutual fund manager has a $80 million portfolio with a beta of 2.0 . The risk-free rate is 2.6%, and the market risk premium is 5.5%. The manager expects to receive an additional $20 million, which she plans to invest in a number of stocks. After investing the additional funds, she wants the fund's required return to be 14%. What should be the average beta of the new stocks added to the portfolio? 2.6000 2.2455 2.1273 2.4818 2.3636