Suppose you held a diversifed portfolio censating of a 57,500 inveitment k each of 20 odferent common stocks. The portfolb's beta is 1.55 . Now suppose you decided to sell ane of the stocks in your portiolso with a beta of 1.0 for $7,500 and use the proceeds to buy another stock with a beta of 0.60 . What would your porttelioss new beta be? Oo not round intermediate caloulabons. Round your antwer to teo decimat places