Sherrie Hymes holds a $200,000 portfolio consisting of the following stocks.The portfolio's beta is 0.875. 
If Sherrie replaces Stock A with another stock,E,which has a beta of 1.50,what will the portfolio's new beta be?
Definitions:
Specified Term
A specified term refers to a fixed or clearly defined period or condition detailed in a contract or agreement.
Absolute Tenancy
A type of property lease where the tenant possesses total and unrestricted rights to the property for the lease period.
Type Of Lease
Refers to the different kinds of leasing agreements available, such as operational leases, finance leases, and capital leases, each with its specific terms and conditions.
Covenant Of Quiet Enjoyment
A promise that a tenant has the right to quietly enjoy the land.
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