Attempts: Keep the Highest: /1 12. Problem 8.14 (Portfolio Beta) eBook Problem Walk-Through Suppose you held a diversified portfolio consisting of a $7,500 investment in each of 20 different common stocks. The portfolio's beta is 2.15. Now suppose you decided to sell one of the stocks in your portfolio with a beta of 1.0 for $7,500 and use the proceeds to buy another stock with a bota of 1.10. What would your portfolio's new beta be? Do not round Intermediate calculations. Round your answer to two decimal places Grade It Now Save & Continue Continue without saving