Attempts Keep the Highest / 1 8. Problem 8.14 Click here to read the eBook Risk in a Portfolio Context. The CAPM Problem Walk-Through PORTFOLIO BETA Suppose you held a diversified portfolio consisting of a $7,500 investment in each of 20 different common stocks. The portfolio's beta is 1.12. Now suppose you decided to sell one of the stocks in your portfolio with a bota of 1.0 for $7,500 and use the proceeds to buy another stock with a beta of 1.72. What would your portfolio new beta be? Do not round intermediate calculations, Round your answer to two decimal places Grade It Now Save & Continue Continue without saving