Allowing multiple Xamarin installation

Hi,

Currently, I'm on the following version:

• Xamarin Studio Version: 4.2.3 (build 60)

• Xamarin.iOS Version: 7.2.0.2

Xamarin Updater is informing me that there is a newer version is available

• Xamarin Studio Version: 4.2.5
• Xamarin.iOS Version: 7.2.2.2

I would like to know if is there any way for me to install and use both versions?

This can be useful, in case I want to try out the Beta build without having the Beta build installs over Stable build. Or trying out latest Xamarin update without having it installs over my existing Xamarin installation.

Is this possible? If yes, can anyone tell me how this can be done?

Thanks.