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Please explain how to solve and how to imput equation on financial calculator: 2) Suppose you hold a diversified portfolio worth $200,000 with 20 stocks.

Please explain how to solve and how to imput equation on financial calculator: image text in transcribed
2) Suppose you hold a diversified portfolio worth $200,000 with 20 stocks. The beta of the portfolio is 1.5. Now you sold stock A worth $20,000 whose beta is 1.2 and bought stock Z worth $50,000 whose beta is 1.8. What is the beta of the new portfolio

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