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Suppose you held a diversified portfolio consisting of a $7.500 investment in each of 20 different common stocks. The portfolio's beta is 142. Now suppose

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Suppose you held a diversified portfolio consisting of a $7.500 investment in each of 20 different common stocks. The portfolio's beta is 142. 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 bota of 2.01 What would your portfolio's new bota be? Do not round intermediate calculations. Round your answer to two decal places

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