Question: 4.00 points Problem 10-11 Portfolio Beta (LG3) You have a portfolio with a beta of 1.35. What will be the new portfolio beta if you

 4.00 points Problem 10-11 Portfolio Beta (LG3) You have a portfolio

4.00 points Problem 10-11 Portfolio Beta (LG3) You have a portfolio with a beta of 1.35. What will be the new portfolio beta if you keep 95 percent of your money in the old portfolio and 5 percent in a stock with a beta of 0.78? (Round your answer to 2 decimal places.) New portfolio beta References eBook & Resources Difficulty Worksheet Problem 10-11 Portfolio Beta (LG3) Check my work

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