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Fuppose you held a diversified portfollo consiating of a $7,500 investment in esch of 20 different common stacks. The portfolio's beta is 0,65 . Now

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Fuppose you held a diversified portfollo consiating of a $7,500 investment in esch of 20 different common stacks. The portfolio's beta is 0,65 . Now euppose you decided to seli one of the atocks in your portfolio with a beta of 1.0 for $7,500 and use the proceeds to buy another stock with a beta of 2.00. What nould vour pontolig's new beta be? do not round intermediate calculations. Round your answer to two decimal ploces

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