Portfolio Beta You have a portfolio with a beta of .96. What will be the new portfolio beta if you keep 70 percent of your money in the old portfolio and 30 percent in a stock with a beta of 1.56? Multiple Choice

1.00

1.14

2.52

1.26

Portfolio Beta You have a portfolio with a beta of 96 . What will be the new portfolio beta if you keep 70 percent of your money in the oid portfollo and 30 percent in a stock with a beta of 1.56