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(Following is the portfolio held by Suzi)] Stok [ Stock ] Pelaburan [ Investment] (RM) AA 175,300 BB 123,320 CC 200,530 DD 63,400 The beta

(Following is the portfolio held by Suzi)]

Stok [Stock]

Pelaburan [Investment](RM)

AA

175,300

BB

123,320

CC

200,530

DD

63,400

The beta value for Stock AA is 1.530, Stock BB is 0.940, Stock CC is 1.390 and Stock DD is 1.000. Suzi plans to sell AA Stock and replace it with EE Stock, which has a beta of 0.880. By how much will the portfolio beta change? Please round your answer to 3 decimal places

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