B eBook Problem Walk-Through Suppose you held a diversified portfolio consisting of a $7,500 investment in each of 20 different common stocks. The portfolio's beta is 2.25. Now suppose you decided to sell one of the stocks in your portfolio with a beta of 1.0 for $7,500 and use the proceeds to buy another stock with a beta of 1.40. What would your portfolio's new beta be? Do not round intermediate calculations. Round your answer to two decimal places. ho eBook Assume that the risk-free rate is 6.5% and the required return on the market is 10%. What is the required rate of return on a stock with a beta of 3? Round your answer to two decimal places. 36.50 % Hide Feedbacly eBook Problem Walk-Through Beale Manufacturing Company has a beta of 1.8, and Foley Industries has a beta of 0.70. The required return on an index fund that holds the entire stock market is 11%. The risk-free rate of interest is 2.5%. By how much does Beale's required return exceed Foley's required return? Do not round intermediate calculations. Round your answer to two decimal places. 13.15 % Hide Feedback