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Jill Angel holds a $200.000 portfolio consisting of the following stocks. The portfolio's beta is 0.88. Stock InvestmentBeta 0.50 0.80 1.00 120 $50,000 $50,000 $50,000

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Jill Angel holds a $200.000 portfolio consisting of the following stocks. The portfolio's beta is 0.88. Stock InvestmentBeta 0.50 0.80 1.00 120 $50,000 $50,000 $50,000 $50,000 $200,000 If Jill replaces Stock A with another stock, E, which has a beta of 1.30. what will the ortfolio's new beta be? 0.75 e 1.29 1.40 D:0.86 1.08

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