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Jenna hoids a diveraified $100.000 portfolio consisting of 5 stocks with $20,000 invested in each. The portolio's beta is 1.12. Jenna pians to sell a

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Jenna hoids a diveraified $100.000 portfolio consisting of 5 stocks with $20,000 invested in each. The portolio's beta is 1.12. Jenna pians to sell a stock with b-0.80 and use the proceeds to buy a new stock with b 1.80. What willthe portolio's new beta be? 1.165 1.210 1.320 1.260 1.180

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