nt: Chapter 8 Homework - Graded Assignment Score: 36.50% Save Submit Assignment for Grading Question of 9 Check My Work 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 0.75. 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 2.10. What would your portfolio's new beta be? Do not round Intermediate calculations. Round your answer to two decimal places. 1.15 Hide Feedback Incorrect 0-Icon Ky Save Submit Assignment for Grading