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URGENT!! PLEASE HELP!! D Question 13 3.34 pts Suppose you hold a diversified portfolio invested equally in 10 different common stocks. The portfolio's beta is

URGENT!! PLEASE HELP!!
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D Question 13 3.34 pts Suppose you hold a diversified portfolio invested equally in 10 different common stocks. The portfolio's beta is 1.65. Now, suppose you decide to sell one of your stocks that has a beta of 1.25 and to use the proceeds to buy a replacement stock with a beta of 0.55 The new portfolio beta is closest to: 158 2.20 1.53 O 0.95

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