What will be the new portfolio beta if you keep 91 percent, Financial Management

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What will be the new portfolio beta if you keep 91 percent

You have a portfolio with a beta of 1.63. What will be the new portfolio beta if you keep 91 percent of your money in the old portfolio and 9 percent in a stock with a beta of 0.60? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

New portfolio beta

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