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plz answer all! Suppose you held a diversified portolio consisting of a $7,500 investment in each of 20 different comman stocks. The partfollo's beta is

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Suppose you held a diversified portolio consisting of a $7,500 investment in each of 20 different comman stocks. The partfollo's beta is 1.65 . Now suppose you decided to sell one of the stocks in your portfolio with a beta of 1.0 for $7,500 and use the proceeds to buy another stock with a beta of 1.10 . What would your portfolio's new beta be? Do not round intermediate caiculations. Round your answer to two decimal places

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