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Tom Noel holds the following portfolio: Stock Beta A Investment $150,000 50,000 1.40 B 0.80 100,000 1.00 D 75.000 1.20 Total $375,000 Tom plans to

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Tom Noel holds the following portfolio: Stock Beta A Investment $150,000 50,000 1.40 B 0.80 100,000 1.00 D 75.000 1.20 Total $375,000 Tom plans to sell Stock A and replace it with Stock E, which has a beta of 0.75. By how much will the portfolio beta change

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