Check My Work (2 remaining) 0 0 OOO OOO 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 1.05. Now suppose you o 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 beta of 1.50. What would your portfolio's new beta be? Do not round intermediate calculations. Round your answer to two decimal places A- - Check My Work ( remaining) 0 any Problem 5.14 Portfolio Beta) Question of 11