FK Problems hapter 8 Homework Problems Assignments Save Submit Assignment fe roblem 8.14 (Portfolio Beta) Ques Check My Work (1 rema 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 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 1.80. What would your portfolio's new beta be? Do not round intermediate calculations. Round your answer to two decimal places. Check Work(remaining) Ofeone Problem 8.14 Portfolio Beta Submit Aag went for Grading