7. Problem 8.17 Portfolio Beta) eBook Problem Walk-Through A mutual fund manager how $20 mon portfolio with a beta of 1.7. The rok pre rote 2.5, and the market risk premium #The manager expekts to receive an additional $5 million, which the plans to invest in a number of stocks. Mer investing the additional funds, she wants the fund's required return to be 16%. What should be the average beta of the new stocks added to the portfolio? Negative value, any, should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to one dedmal place is