Assume that you hold a well-diversified portfolio that has an expected return of 2% and a beta of 3.0. You are in the process of buying 1,000 shares of Alpha Corp at $10 a share and adding it to your portfolio. Alpha has an expected return of 1% and a beta of 2.7. The total value of your current portfolio is $90,000. What will the new beta of the portfolio be after the purchase of the Alpha stock? Do