Click here to read the eBook: Risk in a Portfolio Context: The CAPM Problem Walk-Through PORTFOLIO BETA Suppose you held a diversified portfolio consisting of a $7,500 investment in each of 20 different common stocks. The portfolio's beta is 0.92. Now suppose you decided to sell one of the stods in your portfolio with a beta of 1.0 for $7,500 and use the proceeds to buy another stock with a beta of 2.01. What would your portfolio's new beta b? Do not round intermediate calculations. Round your answer to two decimal places. Grade it Now Save & Continue