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Portfolio Beta You have a $2 million portfolio consisting of a $100,000 investment in each of 20 different stocks. The portfolio has a beta of

Portfolio Beta You have a $2 million portfolio consisting of a $100,000 investment in each of 20 different stocks. The portfolio has a beta of 0.9. You are considering selling $100,000 worth of one stock with a beta of 0.95 and using the proceeds to purchase another stock with a beta of 1.3. What will the portfolio's new beta be after these transactions? Do not round intermediate calculations. Round your answer to two decimal places. XE CAPE SA S 226233 1236733, 49-362 ARC CialdeanON TE egis-alaph ting isuellenel i s Co2958AEA (HAHAOKKA Jeperti BATRS (PEKEAFIA
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Portfolio Beta You have a $2 million portfolio consisting of a $100,000 investment in each of 20 different stocks. The portfolio has a beta of 0.9 . You are considering selling $100,000 worth of one stock with a beta of 0.95 and using the proceeds to purchase another stock with a beta of 1.3 . What will the portfolio's new beta be after these transactions? Do not round intermediate calculations. Round your answer to two decimal places

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