Question: jill Angel holds a $ 2 0 0 , 0 0 0 portfolio consisting of the following stocks. The portfolio's beta is 0 . 8

jill Angel holds a $200,000 portfolio consisting of the following stocks. The portfolio's beta is 0.88.
\table[[Stock,Investment,Beta],[A,$50,000,0.50],[B,$50,000,0.80],[C,$50,000,1.00],[D,$50,000,1.20],[Total,$200,000,]]
If Jill replaces Stock A with another stock, E, which has a beta of 1.30, what will the portfolio's new beta be? Do not round your intermediate calculations.
 jill Angel holds a $200,000 portfolio consisting of the following stocks.

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