you have a portfolio with a beta of 1.05 what will be the new portfolio beta if you keep 85 percent of your

PIN 20n- Principles of Finance: 2018-19 FINANCE ce FIN 201 MOD6 2 O Pre-Built Problems Review | Question 4 (of 11) | Score This Question value: 9.09 points You have a portfolio with a beta of 1.05. What will be the new portfolio beta if you keep 85 percent of your money in the old portfolio and 15 percent in a stock with a beta of 0.62? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) New portfolio beta 1.01 Hints References eBook & Resources Hint#1